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TIF isn’t a tax on you, here’s what it is

April 16, 2025

This week, we will explain the “tax” in Tax Increment Financing (TIF), clarifying what the “tax increment” is, how funding flows and who covers the cost for infrastructure improvements. Importantly, TIF does not create new taxes on our residents. Tax increment and the flow of funds First, it’s key to understand that in order for…