Huntsville outlines $230M TIF plan tied to Eli Lilly campus roads
Huntsville City Council meeting details a proposed tax increment financing district in Limestone County, TIF 8, covering over 9,000 acres around Interstate 565 and including an incoming Eli Lilly campus. The plan would use future property tax growth from new development, not raise rates, with 11 infrastructure items capped at $230M, including Greenbrier parkway/road upgrades and a new road supporting a K-8 school, with a vote expected Oct. 8.