There are some key questions to ask to determine if tax increment financing is right for a city and its taxpayers.
Tax Increment Financing (TIF) is a public financial tool cities, towns, and counties use to stimulate development and redevelopment in specific areas. This mechanism allows for the reallocation of ...
THE NEBRASKA STATE AUDITOR QUESTIONS THE USE OF TAX INCREMENT FINANCING OR TIF MONEY FOR PROJECTS INCLUDING OMAHA STREETCAR. IN A LETTER TO LAWMAKERS, FOLEY SAYS DURING THE FIVE YEAR PERIOD FROM 2019 ...
MISSOULA, Mont. — Gov. Greg Gianforte's property tax task force recommends reviewing tax increment financing laws. The complicated financing tool, which could be a topic of debate for next year's ...
HAS NOT HEARD BACK. A STATE AUDITOR’S INVESTIGATION RETURNS MORE THAN $650,000 OF EXCESS TAX INCREMENT FINANCING TO SCHOOLS AND LOCAL GOVERNMENTS IN NEMAHA COUNTY. CITY OF AUBURN AGREED TO TURN MONEY ...
PIERRE, S.D. – Tax increment financing districts have become a popular approach to supporting the growth of communities in South Dakota. A TIF is a tool that local and county governments can use to ...
PORT ANGELES — As the city of Sequim considers a new funding mechanism aimed at promoting economic development, fire districts across Clallam County are raising warning bells about the impact the ...
A more recent version of this article can be found at the following link. TRAVERSE CITY — City Manager Benjamin Marentette will present four scenarios Monday for the future of Tax Increment Financing ...
EAST MOLINE, Illinois — East Moline is looking to create a new tax increment financing (TIF) district. A TIF district lowers the tax burden for businesses coming into the area to encourage economic ...
A potential new home for Wolf Pack men's basketball, big-name concerts and athletic events is reaching a critical phase in development — the project has to win approval for a funding mechanism and ...
Understanding what downtown development authorities do for towns can be complicated, but the effect they have on the budgets of other governments operating within those towns is simple. The result is ...