Tag: City of Billings
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Abatements Incentivize Business
Since 1994, Yellowstone County and the City of Billings have been giving businesses a boost to start and to grow, through two different tax abatement programs. Originally, local businesses that received the benefit of those programs invested a grand total of $468,784,880 and in 2019 paid out $153,769,851 in salaries. The fact that refineries, Phillips…
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Annexation Threat Stalls TEDD
Whether the TEDD in Lockwood will be able to move forward in the development of a successful industrial park is currently in doubt. The TEDD (Targeted Economic Development District) is a tax increment finance district created to help fund the creation of a “turn –key” facility for industry to locate and expand in Yellowstone County.…
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Groundbreaking for Centennial Park
Officials from The City of Billings, fund raisers, media and dog lovers gathered last week at the corner of 32nd Street and St. John’s Avenue for a ground breaking for a new city park that will cater especially to dogs. It will be the first regional park developed by the city in 38 years, pointed…