For your consideration …
Position Papers On TIF [Tax Incremental Financing] From The Right, The Left, The Middle.Especially since this proposal potentially has a [single point of failure]. And there is no diversity in the portfolio.
First, I’ll begin citing from Page 4 of the LaCour/Atanasoski TIF Proposal.
Tax Increment Implications for the LaCour/Antanasoski Project – Riverwalk Prepared by T. James Cooksey – Cooksey & Associates
This type of funding for a project carries a significant risk for municipalities and redevelopment districts since future revenues may or may not materialize to the extent necessary to service and retire the bond debt.
Since at City Council meetings there seems to be ideological expression from the [Right, Left, Middle, The Market], here are some position papers sampling the issue of TIF [Tax Incremental Funding]. Samplings from:
- CATO Intitute TIF Position Paper
- The Heartland Institute TIF Position Paper
- U.S. PIRG TIF Position Paper
Tom [Tommy] Menocal
985 Countryside West Blvd
Port Orange, FL 32127
g: 414.367.4140 – GoogleVoice#