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Attention taxpayers and business owners: The increase in the general sales tax rate to 7% has been postponed. The general sales tax rate remains 6% through September 30, 2027.

The September 2026 revenue estimate has been released: OCFO Releases September 2026 Revenue Estimates for FY 2026-2030 | cfo

Projects Financed in the District - The Wharf

The Wharf Project

The Wharf is a 27-acre, 3.2 million sf Southwest Waterfront redevelopment project.  Phase 1 of the project totals roughly 1.6 million sf of development. It will include about 900 residential units, 225,000 sf of office, a 278-room hotel, 143,000 sf of retail, and 151,000 sf devoted to cultural activities.

Subsidy: $198.0 million

Type of Financing: PILOT/TIF

Developer: Hoffman - Madison Marquette Waterfront

The Wharf

Photo Courtesy: Southwest Quadrant Blog