Tax Increment Financing And Economic Development Second Edition

Author : Craig L. Johnson,Kenneth A. Kriz
Publisher : State University of New York Press
Page : 368 pages
File Size : 53,5 Mb
Release : 2019-07-10
Category : Political Science
ISBN : 9781438474991

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Tax Increment Financing and Economic Development, Second Edition by Craig L. Johnson,Kenneth A. Kriz Pdf

Examines the many issues raised by TIF, the most widely used tool of local economic and community development. This book brings together leading experts to examine the evolving nature of tax increment financing (TIF), the most widely used tool of local economic and community development. Originally designed as an innovative approach to the redevelopment of blighted areas, it has become a more general-purpose tool of economic and community development. Contributors offer case studies of the uses, structures, and impacts of TIF projects alongside more general discussions on the theoretical, financial, and legal bases for the use of TIF. They also explore its effect on overlapping jurisdictions such as cities, counties, and school districts. Some of the case studies capture TIF at its best—redeveloping areas that would likely never develop without substantial incentives. Other cases highlight questionable uses, especially where it has been used in new ways that those who developed the tool never envisioned. Originally published in 2001, the book was called “...a major contribution to the debate on the efficacy of such economic development financing tools as TIF...” by the journal Public Budgeting & Finance. Clear, comprehensive, and timely, this new edition features the latest research and thinking on TIF, including the political, legal, and even ethical issues surrounding its use. Craig L. Johnson is Associate Professor of Public Finance and Policy Analysis at Indiana University. He is the coauthor (with Martin J. Luby and Tima T. Moldogaziev) of State and Local Financial Instruments: Policy Changes and Management. Kenneth A. Kriz is University Distinguished Professor of Public Administration at the University of Illinois at Springfield.

Author : Craig L. Johnson,Kenneth A. Kriz
Publisher : Suny Press
Page : 256 pages
File Size : 54,9 Mb
Release : 2019
Category : Business & Economics
ISBN : 1438474989

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Tax Increment Financing and Economic Development by Craig L. Johnson,Kenneth A. Kriz Pdf

Examines the many issues raised by TIF, the most widely used tool of local economic and community development.

Author : Craig L. Johnson,Kenneth A. Kriz
Publisher : SUNY Press
Page : 368 pages
File Size : 53,5 Mb
Release : 2019-07-10
Category : Political Science
ISBN : 9781438474977

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Tax Increment Financing and Economic Development, Second Edition by Craig L. Johnson,Kenneth A. Kriz Pdf

Examines the many issues raised by TIF, the most widely used tool of local economic and community development. This book brings together leading experts to examine the evolving nature of tax increment financing (TIF), the most widely used tool of local economic and community development. Originally designed as an innovative approach to the redevelopment of blighted areas, it has become a more general-purpose tool of economic and community development. Contributors offer case studies of the uses, structures, and impacts of TIF projects alongside more general discussions on the theoretical, financial, and legal bases for the use of TIF. They also explore its effect on overlapping jurisdictions such as cities, counties, and school districts. Some of the case studies capture TIF at its best—redeveloping areas that would likely never develop without substantial incentives. Other cases highlight questionable uses, especially where it has been used in new ways that those who developed the tool never envisioned. Originally published in 2001, the book was called “…a major contribution to the debate on the efficacy of such economic development financing tools as TIF…” by the journal Public Budgeting & Finance. Clear, comprehensive, and timely, this new edition features the latest research and thinking on TIF, including the political, legal, and even ethical issues surrounding its use.

Author : David Merriman
Publisher : Unknown
Page : 72 pages
File Size : 44,8 Mb
Release : 2024-06-25
Category : Electronic
ISBN : 1558443789

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Improving Tax Increment Financing (TIF) for Economic Development by David Merriman Pdf

Great natural disasters are rare, but their aftermath can change the fortunes of a city or region forever. This book identifies lessons from different parts of the world to help communities and government leaders better organize for recovery after future disasters. The authors consider the processes and outcomes of community recovery and reconstruction following major disasters in six countries: China, New Zealand, India, Indonesia, Japan, and the United States. If done well, reconstruction can help break the cycle of disaster-related impacts and losses, and improve the resilience of a city or.

Author : David Merriman
Publisher : Unknown
Page : 0 pages
File Size : 40,8 Mb
Release : 2018-09-05
Category : Economic development
ISBN : 1558443770

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Improving Tax Increment Financing (TIF) for Economic Development by David Merriman Pdf

Economist David Merriman of the University of Illinois at Chicago reviews more than 30 individual studies in the most comprehensive assessment of tax increment financing (TIF) with practical recommendations for policy makers and practitioners. The report finds that while TIF has the potential to draw investment into neglected places, it has not accomplished the goal of promoting economic development in most cases. First implemented in the 1950s, TIF funds economic development within a defined district by earmarking increases in future property tax revenues that result from increases in real estate values in the district. The tax revenue can be used for public infrastructure or to compensate private developers for their investments, but TIF is prone to several pitfalls: it often captures some revenues that would have been generated through normal appreciation in property values, it can be exploited by cities to obtain revenues that would otherwise go to overlying government entities such as school districts, and it can make cities' financial decisions less transparent by separating them from the normal budget process. The report recommends several ways that state and local policy makers can reform TIF practices going forward.

Author : Sammis B. White,Zenia Z. Kotval
Publisher : Routledge
Page : 375 pages
File Size : 51,5 Mb
Release : 2014-12-18
Category : Business & Economics
ISBN : 9781317470502

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Financing Economic Development in the 21st Century by Sammis B. White,Zenia Z. Kotval Pdf

The fully revised new edition of this textbook presents a well-balanced set of economic development financing tools and techniques focused on our current times of economic austerity. While traditional public sector techniques are evaluated and refocused, this volume emphasizes the role of the private sector and the increasing need to bring together different techniques and sources to create a workable financial development package. The chapters address critical assessments of various methods as well as practical advice on how to implement these techniques. New chapters on entrepreneurship, the changing nature of the community banking system, and the increasing need for partnerships provides critical insights into the ever-evolving practice of economic development finance.

Author : Sammis B. White,Zenia Z. Kotval
Publisher : Routledge
Page : 422 pages
File Size : 53,8 Mb
Release : 2014-12-18
Category : Business & Economics
ISBN : 9781317470519

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Financing Economic Development in the 21st Century by Sammis B. White,Zenia Z. Kotval Pdf

The fully revised new edition of this textbook presents a well-balanced set of economic development financing tools and techniques focused on our current times of economic austerity. While traditional public sector techniques are evaluated and refocused, this volume emphasizes the role of the private sector and the increasing need to bring together different techniques and sources to create a workable financial development package. The chapters address critical assessments of various methods as well as practical advice on how to implement these techniques. New chapters on entrepreneurship, the changing nature of the community banking system, and the increasing need for partnerships provides critical insights into the ever-evolving practice of economic development finance.

Author : Nicholas Greifer
Publisher : Gfoa
Page : 63 pages
File Size : 46,9 Mb
Release : 2005
Category : Tax increment financing
ISBN : 089125272X

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An Elected Official's Guide to Tax Increment Financing by Nicholas Greifer Pdf

Author : Jason E. Lane,D. Bruce Johnstone
Publisher : State University of New York Press
Page : 348 pages
File Size : 42,6 Mb
Release : 2012-11-20
Category : Education
ISBN : 9781438445021

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Universities and Colleges as Economic Drivers by Jason E. Lane,D. Bruce Johnstone Pdf

Local, state, and national economies are facing unprecedented levels of international competition. The current fiscal crisis has hampered the ability of many governments in the developed world to directly facilitate economic growth. At the same time, many governments in the developing world are investing significant new resources into local infrastructure and industry development initiatives. At the heart of the current economic transformation lie our colleges and universities. Through their roles in education, innovation, knowledge transfer, and community engagement, these institutions are working toward spurring economic growth and prosperity. This book brings together leading scholars from a variety of disciplines to assess how universities and colleges exert impact on economic growth. The contributors consider various methodologies, metrics, and data sources that may be used to gauge the performance of diverse higher education institutions in improving economic outcomes in the United States and around the world. Also presented are new typologies of economic development activities and related state policies that are designed to improve understanding of such initiatives and generate new energy and focus for an international community of scholars and practitioners working to formulate new models for how public universities and colleges may lead economic development in their states and communities while still performing their traditional educational functions. Universities and Colleges as Economic Drivers is meant to cultivate greater understanding among elected officials, business representatives, policymakers, and other concerned parties about the central roles universities and colleges play in national, state, and local economies.

Author : Toby Rittner
Publisher : Unknown
Page : 128 pages
File Size : 46,9 Mb
Release : 2021-08
Category : Electronic
ISBN : 0578961199

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Practitioner's Guide to Economic Development Finance by Toby Rittner Pdf

The Practitioner's Guide to Economic Development Finance is the only comprehensive resource dedicated to building and utilizing the development finance toolbox. The Practitioner's Guide provides the insight and practical information needed to critically understand how economic development is financed and the tools, strategies, and techniques used to build strong communities. From bonds, tax increment finance, and special districts to tax credits, seed & venture capital, revolving loan funds, and much more, this book outlines the financing tools required for succeeding in today's competitive economic development climate. The Practitioner's Guide covers:- Understanding development finance- Building the development finance toolbox- Bedrock tools- Targeted tools- Investment tools- Access to capital lending tools- Federal Support tools- Case studies

Author : Jaime P. Luque,Nuriddin Ikromov,William B. Noseworthy
Publisher : Springer
Page : 137 pages
File Size : 53,8 Mb
Release : 2019-04-01
Category : Business & Economics
ISBN : 9783030040642

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Affordable Housing Development by Jaime P. Luque,Nuriddin Ikromov,William B. Noseworthy Pdf

This book explains the nuts and bolts of affordable housing development. Divided into two complementary sections, the book first provides an overview of the effectiveness of existing federal and state housing programs in the United States, such as the LIHTC and TIF programs. In turn, the book’s second section presents an extensive discussion of and insights into the financial feasibility of an affordable real estate development project. Researchers, policymakers and organizations in the public, private and nonprofit sectors will find this book a valuable resource in addressing the concrete needs of affordable housing development. “Luque, Ikromov, and Noseworthy’s new book on Affordable Housing Development is a “must read” for all those seeking to address the growing and vexing problem of affordable housing supply. The authors provide important insights and practical demonstration of important financial tools often necessary to the financial feasibility of such projects, including tax-increment financing and the Low-Income Housing Tax Credit. Further, the authors provide important backdrop to the affordability crisis and homelessness. I highly recommend this book to all who seek both to articulate and enhance housing access.” By Stuart Gabriel, Arden Realty Chair, Professor of Finance and Director, Richard S. Ziman Center for Real Estate at UCLA "Over several years Jaime Luque, Nuriddin Ikromov and William Noseworthy applied their analytical bent, and no small measure of empathy, to homelessness as actually experienced in Madison, Wisconsin – and they inspired multiple classes of urban economics students to join them. “Homelessness” is a complex web of issues affecting a spectrum of populations, from individuals struggling with addiction or emotional disorders, to families who’ve been dealt a bad hand in an often-unforgiving economy. Read this book to follow Jaime, Nuriddin, and William as they evaluate a panoply of housing and social programs, complementing the usual top-down design perspective with practical analysis of the feasibility of actual developments and their effectiveness. Analytical but written for a broad audience, this book will be of interest to anyone running a low-income housing program, private and public developers, students, and any instructor designing a learning-by-doing course that blends rigor with real-world application to a local problem." By Stephen Malpezzi, Professor Emeritus, James A. Graaskamp Center for Real Estate, Wisconsin School of Business, University of Wisconsin-Madison, and Dean, Weimer School of the Homer Hoyt Institute.

Author : Karl F Seidman
Publisher : SAGE
Page : 528 pages
File Size : 54,9 Mb
Release : 2005
Category : Business & Economics
ISBN : 0761927093

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Economic Development Finance by Karl F Seidman Pdf

"Economic Development Finance provides a foundation for students and professionals in the technical aspects of business and real estate finance and surveys the full range of policies, program models, and financing tools used in economic development practice within the United States."--Jacket.

Author : Susan Szaniszlo
Publisher : Unknown
Page : 32 pages
File Size : 55,9 Mb
Release : 1984
Category : Tax increment financing
ISBN : IND:30000097252039

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Tax Increment Financing by Susan Szaniszlo Pdf

Author : Lawrence Tabak
Publisher : University of Chicago Press
Page : 313 pages
File Size : 48,5 Mb
Release : 2021-11-19
Category : Business & Economics
ISBN : 9780226740652

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Foxconned by Lawrence Tabak Pdf

Your dream house is blighted -- Foxconn comes to America -- What does the Foxconn say? -- Who made that TV? -- The land grab -- Racine, poster child of the Rust Belt -- Sherrard, Illinois -- Monkey business in the middle -- Wassily Leontief and input-output economic impact -- Flying Eagle economic impact -- A tea party for Foxconn -- A bright, shining object -- The problem with picking winners -- An ill wind blows -- All politics are local -- The trouble with TIF -- Following the money -- Foxconn on the ground -- Breaking the cycle.

Author : Steven G. Koven,Thomas S. Lyons
Publisher : International City/County Management Association(ICMA)
Page : 220 pages
File Size : 40,6 Mb
Release : 2003
Category : Business & Economics
ISBN : UVA:X004803587

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Economic Development by Steven G. Koven,Thomas S. Lyons Pdf

Comprehensive treatment of local economic development. Covers theory (classic and modern); tools (financing, tax policy, nonfinancial assistance); business attraction and retention; business creation (tools and current issues); the influence of high technology and education; and how to understand and evaluate the development readiness of each local environment. Detailed case studies highlight successful programs and also describe in detail the specific problems, challenges, and local realities that every development professional faces. Presents business-friendly innovations such as infrastructure improvements, site development, and training assistance. What is the role of government? What are the best targets for development? What is the importance of innovation? This book clarifies why each jurisdiction adopted the strategies it did and it presents the consequences of those strategies. Glossary and select bibliography.