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Value Capture Strategy Primers
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Introduction to Tax Increment Financing
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TABLE OF CONTENTS
Cover and Introductory Materials
Overview of TIF
What is a Tax Increment Financing (TIF)?
Overview: Concept behind TIFs
Overview: Why use TIFs?
Application
Application of TIFs
Establishment
Establishing a TIF District
1. Is TIF Authorized? What are the Criteria?
2. Identifying properties & defining boundaries
3. Identifying Revenue Sources
4. Estimating the Tax Increment
5. Termination date
6. Enact Legislation or Ordinance
Administration
Administering TIFs
Legal and Regulatory Issues
Ensuring Appropriate Legal Authority
Establish Required Findings:
Key Legal Issues
Surviving Legal Challenges
Financing
TIF and Financing
TIFs and Financing
Examples
TIF Examples
Chicago TIF #48: Western Ogden TIF
El Paso TRZs
Atlanta Beltline
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2. Application
Application of TIFs
ROW Reduction or Removal
Municipal Parking Facilities
Intersections & Interchanges
Transit Stations
Air Rights Development
Elimination of RR Grade Crossings
Toxic Soil Remediation / Site Assembly
Corridor Improvements / Beautification
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Value Capture Strategy Primers
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