January 25, 2024

Bozeman Journal

Good Morning Bozeman. Happy Thursday. This is our 4th edition and the last one in January. Thanks for bearing with us as we settle into a routine. Going forward, you can expect a weekly email from us on Thursdays at 7am.

Throughout the week you can find fresh stories on our website or follow us on Twitter, Facebook, Instagram and Google News.

In this edition:

  • Success On Wallace
  • What is TIF
  • Things To Do This Weekend

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Trivia

What airline carried the most passengers to and from BZN in 2023?
*Answer at bottom of this email

Success on Wallace

Vienne, a local bakery and café, could soon be the hottest wine bar on S. Wallace Ave. Earlier this month, owner Anna Mendoza applied for a Beer and Wine license with the City of Bozeman, coming one step closer to realizing her dreams. It was just in March of '22, that Mendoza shared her aspirations to diversify the bakery’s offerings by incorporating a wine bar and a cheese case. If Mendoza ever decides to move on from baking, she certainly has a future in guiding business manifestation.

Once the application is approved, Mendoza envisions Vienne as a one-stop shop for dinner parties and picnics. She plans to extend the bakery's hours, creating a welcoming evening atmosphere where patrons can either grab bread, cheese, and wine to go, or stay and relax after work.

Along with the extended hours, Mendoza plans to introduce an updated menu that includes flat breads and a savory Pithivier pastry dish, all thoughtfully paired with the wine offerings. "While we're still working out the details, expect to see pairings of wine with desserts, as well as cheese and wine combinations," Mendoza said.

For weekend visitors, Mendoza hints at the possibility of introducing mimosas, further enhancing the bakery's already popular weekend menu.

With French pastries, select wines, and gourmet cheeses all under one roof, this is a development worth following.

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What is TIF

We wrote an article last week titled "Greenlights for Alley Improvement", highlighting an art project going up in the alleyway between N. Black Ave and N. Tracy Ave. In the article, we noted that some of the funding for this project is coming from Tax Increment Financing (TIF).

"What is TIF?" you ask.

Here's how it works: A TIF district is created in a specific urban area needing development or revitalization. As development occurs and property values rise, the increase in property taxes (the "increment") is allocated to the TIF fund, redirecting these additional revenues towards further improvements in the district.

According to the Montana Department of Transportation (MDT), TIF-generated revenue comes with specific limitations and must be utilized within the designated district. Revenue from a TIF district can fund projects like enhancing streets and parking facilities, planting trees, installing new bicycle racks, trash bins, and benches, and other projects aimed at beautifying the streets-cape in the specified area.

Within Bozeman City Limits, there are 5 TIF districts, which you can find mapped out here. Notable projects within these districts that have utilized TIF funds in past and present :

  • The Lumberyard (a development currently in the works behind Kenyon Noble on N 11th and Tschache Ln)
  • The ELM concert venue (on N 7th)
  • The Bridger Parking Garage (located between N Black and N Tracy Ave)

Proponents of TIF argue that it encourages urban renewal and economic growth by funding development in underdeveloped areas, leading to job creation and neighborhood improvement.

Critics, on the other hand, contend that TIF diverts funds from essential public services like schools and emergency services. This is because the increased tax revenues from developed areas are reinvested in the TIF district, rather than being used for citywide services, potentially leading to budget shortfalls in other areas.

Regardless of whether you reside in a TIF district, the way Bozeman utilizes its TIF funds can have widespread financial implications; impacting the city as a whole.

TIF in a nutshell… now go pour that cup of coffee.

On Our Radar 📡

Local news that you may have missed throughout the week:

This week flew by and we're not mad about it! Here's what our weekend calendar is looking like:

Trivia Answer

United ✈️

  • 325,538 passengers boarded a United flight at BZN in 2023
  • 329,139 passengers disembarked a United flight at BZN in 2023

You can read more here