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"It <the>tax increase] will not be the district's fault," Watkiss said. "People living in the district are going to be paying more taxes simply because Westmont wants to establish a TIF district." The school district serves portions of Westmont, Hinsdale, Clarendon Hills <a href={url}>{keyword}</a> , Willowbrook a <a href={url}>{keyword}</a>nd Darien.In a TIF district, the amount of property taxes paid to local governments is frozen for up to 23 years, and new tax dollars <a href={url}>{keyword}</a> generated by rising property values are reinvested in such areas as infrastructure to promote development in the district.Because properties in a TIF district are exempt from paying school districts any new increases in taxes, properties outside of the TIF district are forced to make up the difference.Westmont officials said a TIF district on the south end of the village near Cass Avenue and 63rd Street would help turn it into a vibrant commercial area. Village officials said the area has been plagued by empty storefronts and dilapidated strip malls for years.Watkiss said he isn't opposed to TIFs, but believes the Westmont proposal encompasses too many properties and is too large. He also said a consultant hired by the school found that many properties and areas in the proposed TIF district shouldn't qualify for the designation of distressed.But the village received a separate report from Teska Associates Inc. in December that indicates the village meets most of the requirements for the TIF.Village Manager Ron Searl said the south end of town needs revitalizing and that the school district is only looking at the issue from a short-term perspective."The village is always conscious of any costs born by property owners within the community," Searl said in a statement, adding that the average homeowner may experience an increase of approximately $4.80 on their tax bill each year during the life of the TIF. "This modest increase to property owners as well as the revenue resulting from new development will provide the economic incentive to catalyze development and strengthen the community over the long term."Westmont will hold a public hearing on the proposed TIF district on Feb. 4 at Village Hall.
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