Tax Increment Financing (TIF): A Civic Federation Position Statement

November 12, 2007

The Civic Federation supports Tax Increment Financing as an economic development tool but recommends that there be much greater transparency in the quantity and quality of TIF information provided to the public. The Federation recommends including full financial information about TIF in all municipal budgets, making TIF information easily accessible on the internet, and undertaking a comprehensive review of each TIF district every ten years. This position statement is a companion report to the Civic Federation Issue Brief on TIF.