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Letter: On TIFs: How they starve schools and cause taxes to rise - HF Chronicle
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Letter: On TIFs: How they starve schools and cause taxes to rise - HF Chronicle
Through the course of the municipal campaign and over the last several years, many people have asked me about TIFs. What are they? How do they work? I hope that this will serve as a condensed (as brief as possible for such a complicated financial instrument) explanation of how TIFs inevitably lead to rising residential property taxes and lowering revenue for our valued public services. It is urgently important that the community understands TI…
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