North Dakota Supreme Court approves Bismarck tax plan
From Ballotpedia
July 13, 2012
North Dakota: Last week, the North Dakota Supreme Court approved that state capital's use of tax increment funding (TIF) for city improvements. A local businessman sued the city, claiming that the system was unconstitutional. Since 1979, the city has collected the same amount of taxes from businesses, but additional revenue increases go to the TIF plan. In the unanimous opinion, Justice Dale Sandstrom said:
| “ | Haugland claims Bismarck’s renewal plan is not for a public purpose because it benefits only property owners within the renewal area and does not benefit all the inhabitants of Bismarck. We reject Haugland’s narrow view of public purpose. This court has recognized that a public purpose includes combating slum conditions for the benefit of not only the inhabitants therein but the public at large.[1][2] | ” |
Footnotes
- ↑ Bismarck Tribune, "North Dakota Supreme Court upholds Bismarck's tax increment financing plan," July 6, 2012
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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