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 ...

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 ...

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, ...

Once upon a time, the Columbus City Council, which has been a mix of Republicans and Democrats for years, seemed to vote with a goal in mind. It was a time when generally, everyone seemed pretty ...

The City of Saint Paul in 2024 has over $34 million of taxable valuation captured in TIF Districts – the largest amount of any city in Minnesota. St. Paul’s tax levy for TIF districts is even larger ...

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

Chicago Board of Education President Sean Harden has challenged the district’s new proposed budget, expressing doubts about its heavy reliance on revenue from special taxing districts to close a $734 ...