TIF Districts

[Pete]

On other threads, there were questions about the total amount that OKC has spent on TIF thus far.

As of 6/30/22, that number is $1,149,336,498.

On top of that are several big awards that have been obligated but not paid, such as the $120,000,000 for the first phase of OKANA; not to mention there will almost certainly be similar sums for Phases II & III.

Wheeler District will get at least $120,000,000 in TIF which is yet to be paid.

And very recently, other awards have been given such as $3,888,000 for the Eastpoint Hotel and $2,700,000 for Channel 9's new studio in the Century Center. There are millions more that are obligated (as in approved by city council, which is the last step) but not yet paid out.

[BoulderSooner]

On other threads, there were questions about the total amount that OKC has spent on TIF thus far.

As of 6/30/22, that number is $1,149,336,498.

On top of that are several big awards that have been obligated but not paid, such as the $120,000,000 for the first phase of OKANA; not to mention there will almost certainly be similar sums for Phases II & III.

And very recently, other awards have been given such as $3,888,000 for the Eastpoint Hotel and $2,700,000 for Channel 9's new studio in the Century Center. There are millions more that are obligated (as in approved by city council, which is the last step) but not yet paid out.

over what about of time??

[Teo9969]

over what about of time??

The largest TIFs started in 2000 (CBD) and 2008 (Devon). Realistically, the majority of the TIF that has been spent was in the 2010s.