Analysis of St. Louis TIF developments
Tax Increment Financing has become almost commonplace in our region and the United States as a whole. The concept of applying future taxes created from a project back into the project make sense on paper, but its always been a question whether or not the method is truely affective in creating overall revenue growth. Based on a new study by the East-West Gateway Council of Governments, a new St. Louis Post Dispatch article makes you think. Is all this TIF usage for industrial, commercial, retail, multifamily and other developments really paying off? It’s worth the read.