Fairfield Ledger
http://fairfield-ia.villagesoup.com/p/207796

Neighbors Growing Together | May 16, 2012

‘Cash cow’ TIFs need reform in Iowa

By Deborah D. Thornton, research analyst with the Public Interest Institute | Feb 16, 2012

When a city approves a Tax Increment Financing zone, the property taxes collected are not divided between the city, county and school districts. Instead the increased (increment) revenue is all diverted to only the city that established the TIF.

It ...

To continue reading, become a member.
Already a member, please login:

Or, buy access to this post for just $0.99.

Buy Now

Or, become a member!

Join Now