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.

The rail switch yard dated back to the 1880s and hosted some 50 jobs on a 25-acre plot of land — little more than two workers per acre, all told, occupying a handful of underutilized industrial ...

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, ...

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 ...

State Senator Taffy Howard says she is planning to take legislative action on TIF districts this upcoming session. Howard ...

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 TIF would pay data center developer and operator Vantage $458 million for infrastructure improvements, interest, ...