A BRIGHT FUTURE FOR MARSHALL COUNTY
How the Pointe Vista TIF District Will Drive Growth Without Raising Taxes
Pointe Vista is a transformative development on the shores of Lake Texoma that will bring world-class amenities, job opportunities and economic growth to Marshall County. To make this vision a reality, Marshall County is considering establishing a Tax Increment Financing (TIF) district.
A TIF is a tool that helps fund critical infrastructure such as roads, utilities and public spaces by reinvesting new tax revenue from the development itself. A TIF does NOT raise taxes on residents. Instead, it allows Marshall County to unlock investment and create long-term benefits for the entire community by utilizing new revenue from development projects.
- New roads, sewer systems and water treatment plant to support local businesses and Marshall County residents
- Over $140 million in funds for public schools
- Infrastructure improvements that enhance safety, accessibility and future growth
- Public services funding for emergency services and county programs
- Job creation, providing thousands of new opportunities in construction, hospitality, and retail
- Economic growth, attracting visitors and increasing spending in local businesses
Frequently Asked Questions
What is a TIF district?
A Tax Increment Financing (TIF) district is a funding mechanism that redirects new tax revenue generated by development to pay for necessary public infrastructure. It does not raise taxes on residents.
Will this increase my taxes?
No. The TIF district does not increase property or sales tax rates. Instead, it uses new tax revenue generated by the Pointe Vista development to fund improvements.
How is a TIF district formed?
A TIF district is created through a formal approval process by local government authorities and follows a specific procedure outlined by Oklahoma law. In Marshall County, the process involves feasibility studies, public hearings and a recommendation by a TIF Review Committee of local leaders. It must then be approved by a majority of the county commissioners. Once established, the TIF district can begin reinvesting new tax revenue into infrastructure improvements and must meet milestones to unlock funding, as established by the TIF Review Committee and county commissioners.
What will the TIF funding be used for?
TIF funds will support roads, utilities and public infrastructure to accommodate growth and support the Pointe Vista project. Additionally, over $287 million of the revenue will go directly to county services, including an estimated $140 million for public schools.
How will local businesses benefit?
Pointe Vista is expected to bring in roughly $200 million in new economic activity annually, boosting local businesses by increasing tourism and demand for retail, dining and services.
How can I support the passing of the TIF?
Want to see this vision become reality? Contact your county commissioner today and attend public meetings to show your support. The TIF proposal is expected to be voted on by the Marshall County Commissioners this spring. Voice your support to commissioners@marshallcountyok.com.
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