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Tax Increment Financing and Economic Development, Second Edition : Uses, Structures, and Impact.

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Johnson, Craig L.
Otros Autores: Kriz, Kenneth A.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Albany : State University of New York Press, 2019.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Intro; Contents; Figures and Tables; Acknowledgments; Part I: Background; Chapter 1 Introduction; Introduction; References; Chapter 2 A Primer on Tax Increment Financing; Introduction; The Basic TIF Financing Structure; TIF Development Planning and Management4; Initiate Process; Formulate Plan; Legally Adopting the TIF; Implementation and Management; Evaluation and Termination; Notes; References; Chapter 3 A Review of State Tax Increment Financing Laws; Introduction; Characterizing TIF Laws; Process Framework and Analysis; Overall Statistics; Plan Initiation; Plan Formulation; Plan Adoption
  • Plan ImplementationEvaluation and Termination; Conclusion: The Legal Environment of TIF; Notes; References; Chapter 4 The Use of Debt in Tax Increment Financing; Introduction; Aggregate TIF Debt Finance Characteristics; Annual Issuance Volume; Bond Type; Issue Purpose; Use of Financial Intermediaries; Method of Sale; Bond Structure; TIF Debt Risks; Risks to Taxpayers; Debt Issuance Risk; Risks to Overlapping Taxing Districts; The Moral Obligation; Risks to Bondholders; The Passive Nature of TIF Revenue; Project-Related Risks; Intergovernmental Fiscal Relations; Conclusion; Notes; References
  • Part II: Implementation, Uses, and StructureChapter 5 The Port Covington TIF: Did Baltimore "Protect This House"?; Introduction; Baltimore City's Economic Development History and Budget Strategies; Analyses of the Project's Financial Details and Approval by the Executive; City Council Review and the Community Benefit Agreement; How the TIF Could Affect the City's Education Grant from the State; Evaluation; Notes; Chapter 6 TIF for Major Project Development: The Case of the Stapleton Airport Redevelopment; Introduction; Background; The Stapleton Redevelopment Area and Use of TIF
  • Stapleton's Brief Historical TimelineComplex Financing and Functional Relationships; Use of Tax Increment Financing; TIF Authority and Timeline; TIF Arrangements and Creative Finance; Shares between Construction and Ongoing Services; Use of Best Source of Financing; Lessons from Stapleton's TIF; Notes; References; Chapter 7 An Incentive Program Grows Up: The Evolution of TIF in Chicago; Introduction; TIF in Chicago; Changing Political and Fiscal Circumstances in Chicago; The Daley Boom Years; Transition to Emanuel; Changes in Chicago's TIF Program; Illustrative Cases
  • Citywide Transit TIF DistrictsParticipatory Budgeting in West Humboldt Park; Lessons Learned and Conclusions; Notes; References; Chapter 8 TIF in California: Birth, Growth, Death, and Resurrection; Introduction; History; Fiscal Stress in California; Natural Disasters; Exogenous Influences; Voter Initiatives; State and Local Tax Structures; Examples of Fiscal Stress; Natural Disaster: The Loma-Prieta Earthquake; Voter Initiative Examples; Interjurisdictional Relationship; State Reforms; The State Budget Crises, the Fall of RDAs, and the Rise of EIFDs; Conclusions; Notes; References