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"This book provides the most complete discussion of TIF policies that I have seen. The cases are drawn from original data that focus attention on the development and application of this policy instrument. They demonstrate how TIF may fulfill or fall short of the original intent for this policy tool." -- Barbara Coyle McCabe, Arizona State University
"Individuals will want to own this book if they have anything to do with economic development or public finance at the state and local level... and will want to refer to over and over." -- Irene Rubin, Northern Illinois UniversityFifteen contributions discuss the uses, structures, and impacts of tax increment financing (TIF). TIF serves as a geographically targeted tax, expenditure, and regulatory inducement to a specific (usually blighted) location. A sampling of topics includes a review of state TIF laws, the use of debt, determinants of the municipal decision to adopt TIF, and the effects of TIF on local economic development. Also included are case studies, which describe the impact of TIF on school districts in Indiana, TIFs and residential segregation in Addison and Chicago, Illinois, and the use of TIF in redeveloping brownfields in Minnesota. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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