D.C. Money Panel OKs Doubling of TIF Ceiling

Vadum, Matthew
April 2006
Bond Buyer;4/27/2006, Vol. 356 Issue 32369, p4
Trade Publication
The article reports on the approval of doubling the tax increment financing (TIF) from 300 million to 600 million dollars in Washington D.C. The approval was done by the state's finance and revenue committee chaired by Jack Evans. Future taxes on new projects backed the financing of TIF debts. The TIF would take composition of the 4.95 billion fiscal 2007 budget.


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