Analysis: Tax Increment Financing In Wisconsin
Savvy local governments learned that TIF allows them to essentially double tax the community for development inside the TID.
Read Moreby Bill Osmulski | Mar 30, 2019
Savvy local governments learned that TIF allows them to essentially double tax the community for development inside the TID.
Read Moreby Bill Osmulski | Jan 16, 2019
The new development might not be paying city taxes, but it still requires city services. The city’s residents, therefore, face either higher taxes or diminished services. The choice for Chippewa Falls, as with nearly every city that uses TIF, is easy. Raise taxes.
Read Moreby Rick Esenberg and CJ Szafir | Jan 10, 2019
We may be naive but we think Evers can work with Republican majorities to advance the liberty movement in Wisconsin
Read Moreby Bill Osmulski | Jan 9, 2019
For one of the requirements, the local government must prove that no new businesses would appear unless it creates the TIF district. This is called the “but-for” provision.
Read Moreby James Wigderson | Dec 13, 2018
According to the city’s website promoting the streetcar, the $40 million would have paid for “.75 route miles, 1.17 track miles, 3 stops and one additional streetcar vehicle.”
Read Moreby Tom Kamenick | Sep 12, 2018
Twenty-five percent of the village of Somers’ land area is now in TIF districts. This is unheard of.
Read Moreby Mike Fischer | Aug 28, 2018
Are TIFs – tax increment districts – necessary tools for economic development in blighted areas – or just “smoke and mirrors” designed to spend taxpayer money on projects that do not need it?
Read Moreby Badger Institute | May 10, 2018
As the rules governing TIFs relaxed, the funding mechanism has become overused, if not downright abused, critics say.
Read Moreby Tom Kamenick | Apr 4, 2018
The city proposes spending $19.6 million within the TID, with $13.8 million being paid directly to the Mayfair Hotel developer and the rest consisting of infrastructure improvements and a pedestrian/bike path.
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