Journal article
Is Tax Increment Financing a Fiscal Bane or Boon?
Journal of planning education and research, Vol.41(1), pp.94-105
03/01/2021
DOI: 10.1177/0739456X18774121
Abstract
Among urban planners, tax increment financing (TIF) is a popular economic development financing tool. Critics, however, claim that TIF is a fiscal bane, reducing property value for affected jurisdictions, especially school districts. TIF regulations in Iowa-on annual base values, returned excess increments, and protected debt service levy-provide the opportunity to test this argument. Using eighteen years of TIF district-level data, this study finds that TIF was most likely a fiscal boon for school districts. Given this finding, the study also provides several implications for TIF use and economic development planners in Iowa and elsewhere.
Details
- Title: Subtitle
- Is Tax Increment Financing a Fiscal Bane or Boon?
- Creators
- Nguyen-Hoang Phuong - University of Iowa
- Resource Type
- Journal article
- Publication Details
- Journal of planning education and research, Vol.41(1), pp.94-105
- Publisher
- Sage
- DOI
- 10.1177/0739456X18774121
- ISSN
- 0739-456X
- eISSN
- 1552-6577
- Number of pages
- 12
- Language
- English
- Date published
- 03/01/2021
- Academic Unit
- School of Planning and Public Affairs; Public Policy Center (Archive)
- Record Identifier
- 9984270200702771
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