News

The City of Rapid City’s tax increment finance planner, Mike Dugan, said a TIF is primarily used to finance public ...
“Motion passes unanimously, go forth and build,” Mayor Bill Cole said to Anderson. The city council approved $634,185 in tax ...
Rolling Meadows officials are exploring implementation of two tax increment financing districts, including one near the ...
City leaders are targeting a “gateway” area where a hotel and attached Holidome have fallen into disrepair, a few exits from ...
Tax increment financing has become a popular tool for encouraging economic development in municipalities across the country. Originally designed to help blighted areas attract businesses, tax ...
The Washington County Commission approved a tax increment financing, or TIF, plan for the Burlington Park redevelopment ...
Officials will use survey results to inform the new 2026 growth policy, including objectives and actions for topics ranging ...
Requires that tax increment financing start the tax year after the Dec. 1 in which a city approves financing (this means that if a city creates an authority on Oct. 5, 2018, the financing will ...
SIOUX CITY (KTIV) - The Sioux City City Council has approved a traffic survey for the Tri-View Avenue and Hamilton Boulevard ...
Future sales or property tax revenue that comes from within the boundary is then used to pay the bonds. In 1974, TIF was legal in only 9 states.