One of the biggest issues facing the Montgomery County Council is how to fund the infrastructure needed to implement the ambitious White Flint Sector Plan. There is a general consensus on some type of development district, but as I will point out in another post, there is no consensus on how to fund that district, or even on what to fund through the district.
Roger Berliner, who was just re-elected to the District 1 seat on the Council (which includes White Flint), has now taken a strong position in favor of one type of funding mechanism: Tax Increment Financing.
TIF is used in various places around the country, including in Arlington County’s plans to redevelop Crystal City. Berliner has sent a memo to his colleagues on the Council explaining his position on the TIF. Among other things, the Berliner memo says “Like you, I have met with the County Executive’s staff and heard their strong objections to a TIF. After listening respectfully and seriously considering their objections, I, for one, do not find them persuasive.”
The Council will continue its meetings on White Flint financing next Tuesday, Nov. 9, at 9:30AM, in the seventh floor meeting room of the Council Building in Rockville.