Download or read book 2012 Tax Increment Financing in Missouri written by and published by . This book was released on 2013 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book 2012 Annual Report Summary written by Missouri. Department of Economic Development and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Materials Relevant to Tax Increment Financing for State of Missouri written by Peckham Guyton Albers and Viets and published by . This book was released on 1983 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax Increment Financing and Missouri written by Paul F. Byrne and published by . This book was released on 2011 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: In spite of TIF's [Tax increment financing] obvious importance to policy makers and developers, the general public and even many policy makers lack a fundamental understanding of TIF and how its use impacts local economies. The goal of this policy study is to provide the general public and policy makers with a thorough and accessible understanding of the economics of TIF. The study will begin by presenting a basic model of how TIF finances development and how it can serve as an incentive for development. The paper will then discuss how TIF differs from other economic development incentives and how this difference can result in either a sharing of development costs among overlapping jurisdictions or the capturing of school district and county tax revenue by the municipality. Next the paper will discuss TIF's role in economic development and tax competition along with the importance of the shifting of economic activity and the but-for provision. The paper will follow with a review of the academic literature's empirical findings on TIF and will then provide an overview of TIF use in Missouri. Finally the study will offer some concluding remarks.
Download or read book Tax Increment Financing in Missouri written by Cassandra J. Butler and published by . This book was released on 2012 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic development is in the interests of all governments as a component of society that impacts its citizenry's well-being, yet in a democratic, capitalistic society, many aspects of the economy rely on the activities of private enterprise. Governments are often motivated to develop policies that allow them to "partner" with private enterprise in order to persuade their behavior on behalf of its citizenry. Tax Increment Financing (TIF) is one of the tools that states have enacted to assist local governments partner with private investors. The statute that enabled TIF use in the state of Missouri is now 30 years old. This study looks at the development of this statute over 27 years of its existence, and documents changes in the statute over this time in the context of political actors and court decisions. In particular, this statute is commonly assumed to have been targeted for use in urban, distressed areas experiencing blight and in need of attracting redevelopment opportunities. In reconstructing the narrative of the development of the statute over this period, a particular aspect examined is whether the "erosion of targeting" occurred to widen the benefit to all users through political or court activity. Additionally, 2009 data collected by the state is analyzed using regression analysis and other summary statistics to look at which type of Missouri municipalities use TIF and when they began using it. The study confirmed that TIF was intended to assist urban areas experiencing economic decline compete for economic projects. It also observed that during the time period studied, political actors contended with each other, one side to contain TIF use to its original intended purpose and the other side to keep the "evolved" use of TIF. Additionally, the regression supported other studies that size of municipality was a highly significant variable of TIF usage. It also indicates that % person in poverty is a significant variable of municipalities in "urbanized clusters."
Download or read book Tax Increment Financing and Economic Development written by Craig L. Johnson and published by SUNY Press. This book was released on 2001-05-16 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the many issues raised by the increasing popularity of tax increment financing.
Download or read book Tax Increment Financing written by Susan Szaniszlo and published by . This book was released on 1984 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Local Economic Development and the Environment written by Susan M. Opp and published by Routledge. This book was released on 2017-09-25 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: A clear and practical examination of complex issues, Local Economic Development and the Environment: Finding Common Ground provides a broad, academic look at the intersection of two important areas for local administrators. In addition to managing development in a strained economic climate, most administrators are also expected to be stewards of the environment. However, economic conditions often leave them with limited options for pursuing economic development and, at the same time, being environmentally mindful. Many find themselves without a clear understanding of the concepts, tools, and best practices available to accomplish this herculean task. Translating complex environmental and economic concepts into easily applicable practices, the book: Gives practitioners the information they need to communicate with consultants, constituents, and officials, and to avoid ideological obstacles Compares regulatory differences between states and other geographical differences Includes examples from across the country to highlight variations in environmental regulations and laws Provides technical, legal, and political insights into the process of pursuing local economic development projects that incorporate protection and awareness Contains case studies that demonstrate the concepts in action, allowing readers to fully grasp the complexities associated with sustainable economic development Discusses how local administrators can balance the economic and environmental needs of the future Bridging the gap between policy-making intention and outcome, this book connects readers with a larger body of research that not only underpins practical applications but also helps them avoid legal, technical, and political obstacles. It provides an arsenal of best practices and everyday, easy-to-use strategies for optimizing the difficult balance between economic development and environmental protection.
Download or read book Tax Increment Financing and Economic Development Second Edition written by Craig L. Johnson and published by State University of New York Press. This book was released on 2019-07-10 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the many issues raised by TIF, the most widely used tool of local economic and community development. This book brings together leading experts to examine the evolving nature of tax increment financing (TIF), the most widely used tool of local economic and community development. Originally designed as an innovative approach to the redevelopment of blighted areas, it has become a more general-purpose tool of economic and community development. Contributors offer case studies of the uses, structures, and impacts of TIF projects alongside more general discussions on the theoretical, financial, and legal bases for the use of TIF. They also explore its effect on overlapping jurisdictions such as cities, counties, and school districts. Some of the case studies capture TIF at its best—redeveloping areas that would likely never develop without substantial incentives. Other cases highlight questionable uses, especially where it has been used in new ways that those who developed the tool never envisioned. Originally published in 2001, the book was called “...a major contribution to the debate on the efficacy of such economic development financing tools as TIF...” by the journal Public Budgeting & Finance. Clear, comprehensive, and timely, this new edition features the latest research and thinking on TIF, including the political, legal, and even ethical issues surrounding its use. Craig L. Johnson is Associate Professor of Public Finance and Policy Analysis at Indiana University. He is the coauthor (with Martin J. Luby and Tima T. Moldogaziev) of State and Local Financial Instruments: Policy Changes and Management. Kenneth A. Kriz is University Distinguished Professor of Public Administration at the University of Illinois at Springfield.
Download or read book Fenton Crossing Transportation Development District written by Missouri. State Auditor and published by . This book was released on 2015 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fenton Crossing Transportation Development District is located in the City of Fenton. The District was organized in February 2000 by petition of the property owner within the proposed district. The project was completed in November 2000. Fenton issued Tax Increment Financing bonds to finance the project. The TDD approved a 1-cent sales tax to help pay back the City. The TDD accumulated a significant excess of funds, after repaying all obligations (Final payment October 1, 2014).
Download or read book Tax Increment Financing written by and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Final Report of the Task Force on Tax Increment Financing written by Maine. Task Force on Tax Increment Financing and published by . This book was released on 1996 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Incentives to Pander written by Nathan M. Jensen and published by Cambridge University Press. This book was released on 2018-03-15 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policies targeting individual companies for economic development incentives, such as tax holidays and abatements, are generally seen as inefficient, economically costly, and distortionary. Despite this evidence, politicians still choose to use these policies to claim credit for attracting investment. Thus, while fiscal incentives are economically inefficient, they pose an effective pandering strategy for politicians. Using original surveys of voters in the United States, Canada and the United Kingdom as well as data on incentive use by politicians in the US, Vietnam and Russia, this book provides compelling evidence for the use of fiscal incentives for political gain and shows how such pandering appears to be associated with growing economic inequality. As national and subnational governments surrender valuable tax revenue to attract businesses in the vain hope of long-term economic growth, they are left with fiscal shortfalls that have been filled through regressive sales taxes, police fines and penalties, and cuts to public education.
Download or read book Consolidated Plan written by Missouri. Department of Economic Development and published by . This book was released on 2007 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Facing Segregation written by Molly W. Metzger and published by Oxford University Press. This book was released on 2018-11-19 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evidence for the negative effects of segregation and concentrated poverty in America's cities now exists in abundance; poor and underrepresented communities in segregated urban housing markets suffer diminished outcomes in education, economic mobility, political participation, and physical and psychological health. Though many of the aggravating factors underlying this inequity have persisted or even grown worse in recent decades, the level of energy and attention devoted to them by local and national policymakers has ebbed significantly from that which inspired the landmark civil rights legislation of the 1960s. Marking 50 years since the passage of the Fair Housing and Civil Rights Acts, Facing Segregation both builds on and departs from two generations of scholarship on urban development and inequality. Authors provide historical context for patterns of segregation in the United States and present arguments for bold new policy actions ranging from local innovations to national initiatives. The volume refocuses attention on achievable solutions by providing not only an overview of this timely subject, but a roadmap forward as the twenty-first century assesses the successes and failures of the housing policies inherited from the twentieth. Rather than introducing new theories or empirical data sets describing the urban landscape, Metzger and Webber have gathered the field's first collection of prescriptions for what ought to be done.
Download or read book Improving Tax Increment Financing TIF for Economic Development written by David Merriman and published by . This book was released on 2018-09-05 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economist David Merriman of the University of Illinois at Chicago reviews more than 30 individual studies in the most comprehensive assessment of tax increment financing (TIF) with practical recommendations for policy makers and practitioners. The report finds that while TIF has the potential to draw investment into neglected places, it has not accomplished the goal of promoting economic development in most cases. First implemented in the 1950s, TIF funds economic development within a defined district by earmarking increases in future property tax revenues that result from increases in real estate values in the district. The tax revenue can be used for public infrastructure or to compensate private developers for their investments, but TIF is prone to several pitfalls: it often captures some revenues that would have been generated through normal appreciation in property values, it can be exploited by cities to obtain revenues that would otherwise go to overlying government entities such as school districts, and it can make cities' financial decisions less transparent by separating them from the normal budget process. The report recommends several ways that state and local policy makers can reform TIF practices going forward.
Download or read book Strong Towns written by Charles L. Marohn, Jr. and published by John Wiley & Sons. This book was released on 2019-10-01 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new way forward for sustainable quality of life in cities of all sizes Strong Towns: A Bottom-Up Revolution to Build American Prosperity is a book of forward-thinking ideas that breaks with modern wisdom to present a new vision of urban development in the United States. Presenting the foundational ideas of the Strong Towns movement he co-founded, Charles Marohn explains why cities of all sizes continue to struggle to meet their basic needs, and reveals the new paradigm that can solve this longstanding problem. Inside, you’ll learn why inducing growth and development has been the conventional response to urban financial struggles—and why it just doesn’t work. New development and high-risk investing don’t generate enough wealth to support itself, and cities continue to struggle. Read this book to find out how cities large and small can focus on bottom-up investments to minimize risk and maximize their ability to strengthen the community financially and improve citizens’ quality of life. Develop in-depth knowledge of the underlying logic behind the “traditional” search for never-ending urban growth Learn practical solutions for ameliorating financial struggles through low-risk investment and a grassroots focus Gain insights and tools that can stop the vicious cycle of budget shortfalls and unexpected downturns Become a part of the Strong Towns revolution by shifting the focus away from top-down growth toward rebuilding American prosperity Strong Towns acknowledges that there is a problem with the American approach to growth and shows community leaders a new way forward. The Strong Towns response is a revolution in how we assemble the places we live.
