Three Forks Voice - Connect With Your Community!

By Jack H. Smith
Three Forks Voice 

District wants fair share of TEDD taxes

 

October 16, 2019



With around 100 kids enrolled from Broadwater County, the Three Forks School District is hoping to get their fair shake of any new taxes from the proposed Wheatland Targeted Economic Development District.

The board of trustees conducted a special meeting last week to discuss the TEDD district and administrators also attended a Broadwater County Commission meeting last Friday to address the concerns.

According to Montana Code Annotated 7-15-4279, the purpose of the district is the development of infrastructure to encourage the location and retention of value-adding projects in the state.

Three Forks Superintendent Jeff Elliott said the district would include a new brewery and amphitheater and the school district may not see any new taxes generated from the TEDD which could last from 15 to 40 years.

Elliott added they are not against the formation of the TEDD, they would just need the fair amount of new tax money raised.

 

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