public services

TIF Basics

Submitted by ELISA on July 21, 2009 - 7:50am

Can anyone explain how a TIF project affects the tax base?
Are there special Property Tax abatements?
How does this affect our schools?
Is a TIF project detrimental to surrounding businesses?
Can a TIF project suck money from public services?
What are the pluses and minuses?

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