BCTIDButler County Transportation Improvement District (Ohio)
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TAX INCREMENT REVENUES BCTID anticipates repaying the bonds from tax increment revenues generated from three development districts located proximate to a new highway interchange.
The rating is based on the secondary pledge of county non-tax general fund revenues, although the BCTID anticipates fully servicing the debt obligation from TIF revenues.
BCTID, established in 1993, is a special-purpose entity designed to facilitate collaboration among units of local government to achieve common transportation goals.