To Help College Graduates As They Look Both For Work And A New Place To Live, Flat Guide Consulted With Indeed, The Number Tableau Considering A Move To A Larger Flat?

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In a TIF, the developer buys the same lot one dollar value, one penny tax. He builds a house for nine dollars. But his additional nine cents in tax doesnt go to the city the way yours does. It goes into a kitty at his local TIF to be spent subsidizing him and other developers. Ostensibly the TIF district budgets are to be spent on public infrastructure like new streets and sewers required to service the new developments. But in fact that money also is spent on so-called finish-out desks, flat-screen TVs, whatever so in effect a lot of it just goes back into the pockets of the developers. Why? TIFS started out as a way to get developers to do developments in bad areas. Its still a little bit that way, but it gets harder every year to see what was ever wrong with some of the areas where new TIFs get created. Developers right outside the TIF district borders build equivalent projects and pay the full 10 cent tax into the citys general fund. And its also harder to see why we need some of the developments that get built inside the TIFS.

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