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 ...
After a period of time – in Cleveland’s case, 30 years – the TIF district would expire, and the increased property taxes would start flowing back to their usual recipients, including the Cleveland ...
Supporters say the ballot measure would add transparency and give residents more control over how their tax dollars are used.
Cape Girardeau's Tax Increment Financing Commission established some rough guidelines Tuesday night on what could be paid for with TIF funds. Commissioner Al Stoverink came to the meeting with a list ...
Mitchell County Auditor Lowell Tesch has part of a bookshelf in his office dedicated to Tax Increment Financing-related projects. Each project has its own three-ring binder. And by his own account, ...
The City of Columbus has been working on Vitality Village, a workforce housing project along Eighth Street that will include ...
PROPERTIES IS NOTHING NEW HERE IN BALTIMORE. FOR DECADES, BALTIMORE HAS TRIED TO FIND WAYS TO REMOVE THE BLIGHT, ENTERS THE TIF PROGRAM. TIF STANDS FOR TAX INCREMENT FUNDING, AND THE PURPOSE IS TO ...
Fairmont’s Tax Increment Financing District is starting to pay off for residents, 10 years after its implementation in 2015. “We’re entering a phase where doing more projects are going to grow that ...
The Nebraska State Auditor's Office is located in the State Capitol. (Paul Hammel/Nebraska Examiner) LINCOLN — The City of Auburn has returned $658,003 to the public coffers after a state auditor team ...
The TIF would pay data center developer and operator Vantage $458 million for infrastructure improvements, interest, ...