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TX-based JPS Health Network votes to end participation in tax increment financing districts

Fort Worth Star-Telegram, November 12, 2009
The Texas-based JPS Health Network may stop participating in certain tax breaks for economic development because JPS board members say it is unclear whether those projects benefit the public hospital system or simply add more burden. The hospital board's finance committee approved a proposal to not participate in tax increment financing districts, and to pass its right to vote on them to Tarrant County commissioners, who already have final say. JPS officials have been working on a policy that would limit the network's participation in the districts. Officials' main concern is that the districts lead to population growth and increased demand on JPS hospitals and clinics.