Negotiations continue on revenue for Springfield School District 186 from a proposed tax increment financing district in Jerome.
District 186 attorney Tony Schuering of Brown, Hay and Stephens told the school board on Monday evening that the village plans to pursue the TIF district, but has agreed to provide District 186 with 25 percent of new revenue from the TIF, up from 19 percent under the current formula.
Schuering and District 186 Superintendent Jennifer Gill said Jerome officials also agreed to improve bus stops in the village since the TIF district is funding infrastructure improvements.
