D.C. Likely to Raise TIF Ceiling to $500M

Ackerman, Andrew
July 2006
Bond Buyer;7/11/2006, Vol. 357 Issue 34220, p5
Trade Publication
The article reports that District of Columbia Council is expected to vote on a bill raising the city's tax increment financing cap to $500 million from $300 million, which will pave the way for a five-year project to use tax increment financings to help finance the improvement of four blighted city corridors and neighborhoods. This action was prompted by delays in the passage of the Budget Support Act, which is the authorizing law that accompanies the disctrict's appropriations legislation for fiscal 2007.


Related Articles

  • Florida Supreme Court Revises TIF, COP Ruling. Sigo, Shelly // Bond Buyer;10/1/2007, Vol. 362 Issue 32724, p1 

    The article reports on the revision of the tax increment bond in the U.S. The court moved quickly to return stability to a market stunned by its September 6, 2007 ruling that said a referendum must be held before tax increment finance (TIF) bonds can be sold and calling into question the status...

  • The Most Popular Tool: Tax Increment Financing and the Political Economy of Local Government. Briffault, Richard // University of Chicago Law Review;Winter2010, Vol. 77 Issue 1, p65 

    Tax increment financing (TIF) is the most widely used local government program for financing economic development in the United States, but the proliferation of TIF is puzzling. TIF was originally created to support urban renewal programs and was narrowly focused on addressing urban blight, yet...

  • GOED responds to audit report. Wallace, Brice // Enterprise/Salt Lake City;10/20/2014, Vol. 44 Issue 10, p1 

    The article presents the response of the Utah Governor's Office of Economic Development (GOED) to criticisms by the state auditor's office for its administration of the Economic Development Tax Increment Financing (EDTIF) program. It explains tax incentives provided by the program to entice...

  • Taking the lead. McGuinness, Paul // Public Finance;11/5/2010, p12 

    The article discusses on how the local governments can take a more hands-on approach to development and regeneration amidst the spending cuts issue. It states that Local Government Secretary Eric Pickles has revealed information on freedom and flexibilities being offered which includes the...

  • San Bernardino Refunding for Ex-Redevelopment Agency. Webster, Keeley // Bondbuyer.com;11/9/2015, p1 

    The San Bernardino, Calif. redevelopment successor agency's plan to refund roughly $68 million in tax increment bonds should find an eager market despite the parent city's bankruptcy, says an investment advisor.

  • TIPS for TIFs. Rosen, Alan // Public Management (00333611);May2011, Vol. 93 Issue 4, p14 

    The article offers tips to increase the probability of a rapid return of tax increment financing (TIF) investments in the U.S. When reviewing a TIF proposal, it notes on the importance of utilizing commercial development which could create less impact on the operating costs. It points on the...

  • New Kansas City Mayor Calls for TIF Moratorium. Spivak, Jeffrey // Planning;Jun2007, Vol. 73 Issue 6, p49 

    The article reports on the request of newly-elected mayor Mark Funkhouser for a moratorium on new tax increment financing (TIF) projects in Kansas City, Missouri. After being sworn into office on May 1, 2007, the former city auditor immediately sought a temporary freeze on all TIF projects until...

  • NEW MEXICO: Doña Ana's New Tax Districts. Watts, Jim // Bond Buyer;9/4/2007, Vol. 361 Issue 32705, p9 

    The article reports that commissioners at Dona Aña County, New Mexico have adopted an ordinance that establish rules and regulations for new state-enabled tax increment development districts in the county. The New Mexico Legislature has allow the districts in its 2007 session, however left it...

  • Irving, Texas, may create TIF district to help restructure Dallas county debt. Preston, Darrell // Bond Buyer;10/26/98, Vol. 326 Issue 30507, p40 

    Reports that Irving, Texas may forgo part of its future tax base to help restructure outstanding Dallas County Utility and Reclamation District bonds. Steps toward creation of a tax-increment financing district; Underwriting team.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics