What
is Tax Increment Financing?
Do other states permit the use of TIF?
Does
the use of TIF increase tax rates?
What is the TIF approval process?
Are
there any minimum requirements for approval of a Redevelopment Plan
and Redevelopment Project, and if so, what are those requirements?
Who
may apply for TIF approval?
What
is a redevelopment plan as opposed to a redevelopment project?
How can the public participate in the TIF approval
process?
Is
TIF a tax abatement program?
Does
TIF take away tax revenues from the school districts?
Because
the county and other taxing districts must contribute 50% of its sales
tax revenue in addition to its ad valorem tax, don't the county and
other taxing districts suffer from the creation of a TIF redevelopment
plan?
Who
determines how much assistance should be given to TIF developments?
Is
the use of TIF wide-spread throughout the State?
How is a TIF Commission created?
What
type of improvements or costs can be reimbursed out of TIF revenues?
What
is the "but for" test?
Does TIF put the city/county financially at
risk?
What
is the difference between a pay-as-you-go project and a project financed
by the issuance of TIF bonds?
How does the community get assurance that the
developer will do what was promised?
