Glenwood Springs Denies Tax Incentive for New Retail Development; US Tax Deadline Approaching, IRS Warns of Penalties; Coweta County School Board Seeks Tax Authority

Edited by: Elena Weismann

In Glenwood Springs, Colorado, a request for a $2 million tax incentive was denied by the City Council for the redevelopment of a long-vacant Safeway building. The project, which includes an ARC Thrift Store and a Harbor Freight, will proceed despite the lack of incentive. The council raised concerns about the impact on local businesses and the appropriateness of a rebate for a project already underway. The developer, Millco Investments, can reapply for a smaller rebate. In the United States, the IRS is reminding taxpayers of the upcoming April 15th deadline to file their tax returns. Failure to meet tax obligations can result in penalties and interest charges. The IRS advises filing on time and applying for an extension if needed. Payment plans are available for those who cannot afford to pay the full amount owed. In Coweta County, Georgia, the School Board is seeking legislative approval to allow voters to consider a tax relief proposal in exchange for the board's ability to raise school taxes without limit. This proposal has faced opposition from citizens who are offering alternative proposals. The board's proposal includes limiting property taxable growth and decreases to five percent, removing the state millage rate cap, and raising the reserve limit. Citizens are urging legislators to allow voters to decide on meaningful tax relief.

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