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TIF

Posted July 17, 2009 @ 5:36 pm In Alphabet Soup,Letters | No Comments


How It's Used

"The Daley administration routinely undertakes enormously complicated ventures involving vast sums of money with minimal public scrutinythe privatization of the Skyway and the Grant Park garages; the effort to do the same with Midway Airport (that deal fell apart because the private partner couldn't raise the cash); Millennium Park; tax increment financing (TIF) projects all around town."

—Cecil Adams, "So What's the Bottom Line on this Parking Meter Thing?" The Straight Dope, 16 Jul 09.


Links

Beyond eAlmanac
Wikipedia article on tax increment financing.



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