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Government has long used sundry tax breaks, in lieu of direct subsidies, to attract business or real estate developments to a particular locality. This also has been a perennial political issue ...
An east-side TIF created in 1995, for instance, is basically out of money. By comparison, the Fiatallis/Park South TIF had a balance of nearly $4.9 million at the end of the 2011 fiscal year on ...
One city councilor is leading the effort to dissolve one of this city's two Tax Increment Financing, or TIF, districts, ...
The LaSalle/Central TIF District. There are many, many things wrong with Mayor Daley’s pet economic development tool, tax increment financing, but what tops my list is that while it’s intended ...
Another TIF example is the Castle Theater, 209 E. Washington St. The owner received about $390,000 in redevelopment money for a $1.2 million project to restore the theater.
Not only is Iowa City most likely losing its Von Maur to Coralville, but its taxpayers are essentially helping Coralville pay to build a new store, according to a new report. The owner of an ...
Roldo: Bedrock TIF Latest Example of Cleveland Chasing the Shiny Object Cleveland will give $1 billion in subsidies to a billionaire and once again focus on downtown instead of neighborhoods ...
Tackling TIF takes tasking toughness. Even the very words “Tax increment financing,” (TIF), turns the tongue in twisted tangles like some Seussical tongue twister, and to the uninitiated it ...
As a citizen of what some people refer to as “Old Shrewsbury,” I urge the Shrewsbury Board of Alderman to consider the outrage that has been expressed in both Shrewsbury ...
Elgin awarded TIF money to a variety of projects this year and last, including $6.4 million to build an addition to The Hemmens Cultural Center, $2.6 million for the DuPage Court renovation and a ...
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