Sunday, October 30, 2011

Councilman Frank pushes Stimulus for HP Business

How do we get business to invest in Highland Park to generate additional sales and property taxes....?

Well, Councilman Frank has worked with our staff and the Business and Economic Development Commission to create a new Sales Tax Rebate program that could allow rebates for as little as a 75,000 dollar improvement by business owners. Since the economic down turn we have had a moratorium on tax rebates, but with the new norm of slow growth this moratorium will be ending and a more aggressive stimulus will be forthcoming.

This item should be coming up soon for continued public discussion, is very wide reaching, and could also attract new business to join us in Highland Park.