Report a Comment

@Trulee Pist
This is what the Forbes article says:
When a TIF district is created, the amount of property tax revenue that the district sends to the city is frozen for 23 years. Increases in property tax receipts are instead directed into a special fund that can only be used for projects within the TIF district boundaries—and new developments tend to mean significant increases in property tax collections.
(Bolding mine)

I don't think that describes your scenario. If everyone's property taxes stay the same, how the heck do they collect any more money for the TIF fund?

by MLD on Mar 1, 2012 12:03 pm • link • report

Does this comment violate Greater Greater Washington's comment policy? If so, you can report it using this form and an editor will take a look.

What is the major reason you believe the comment violates the policy?
Comment is spam.
Comment attacks other individuals personally.
Comment criticizes the level of knowledge of another commenter or contributor.
Comment discourages others from posting their ideas.
Commenter is impersonating someone else.
Comment uses profanity or abusive language.
Comment advocates violent acts or harm to another.
Comment was posted in multiple areas of the site.
Comment is arguing about the comment policy.
Other:

Your name:
Your email:

Administrator page • spam