The DDA’s primary financial support comes from Tax Increment Financing (TIF), a mechanism to redistribute current taxes collected back to the local community. It is not an increase in taxes, nor a dedicated millage.
Reinvesting Funds into the District
The DDA develops a plan for reinvesting funds into the district. The TIF Plan is reviewed and approved by City Council and other taxing jurisdictions, such as Wayne County, when the district is created. A base level of property tax revenue is established from year of inception.
As property values increase in the district, the difference between the base level and the new total value is the TIF Capture. This amount of increased property tax value is invested by the DDA for further improvements within the district.
Funding Sources for the DDA
The DDA boundaries comprises of 56% of the City’s income tax collection. Of the 56% in income taxes, the City allocates 2.7% to the DDA through the TIF. The 2.7% redistributed funds provides the DDA 61.3% of their operating budget
Other contributing taxing jurisdictions include:
• Wayne County – 24.6%
• Schoolcraft Community College – 6.7%
• Jail – 3.5%
• Wayne County Transit Authority – 2.2%
• Wayne County Parks – 0.9%
• Huron-Clinton Metro Authority – 0.8%
The DDA’s Position in the City
The DDA operates as a separate department or entity under the City, and its budget is approved by the City Council annually. The DDA Board of Trustees is appointed by the Mayor and consists of business owners, property owners, residents, and liaison members from City Council.
How to Get Involved
Attend DDA Board Meetings on the third Tuesday of the month. You can find a schedule of meetings here. Submit an application at City Hall to be considered for the DDA Board as appointed by the Mayor.
Downtown Garden City has many opportunities for you to participate in the revitalization and preservation efforts that recognize Garden City’s unique character. Check out the volunteering page for more information.
The mission of the Garden City Downtown Development Authority is to enhance the quality of life for Garden City residents through revitalization of the downtown district.
The DDA’s operating philosophy is built upon the principle that strengthening a core area benefits the entire community, improving property values not only in the core district, but throughout the community.