St. Louis's "Team TIF": A community-academic partnership for tax incentive reform
Tax increment financing (TIF) and other development incentives have become American cities' primary means of encouraging local economic development. However, these incentives typically receive less oversight than traditional government spending, potentially leaving them open to corruption and a...
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Published in | Journal of urban affairs Vol. 40; no. 6; pp. 863 - 886 |
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Main Authors | , |
Format | Journal Article |
Language | English |
Published |
Newark
Routledge
18.08.2018
Taylor & Francis Ltd |
Subjects | |
Online Access | Get full text |
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Summary: | Tax increment financing (TIF) and other development incentives have become American cities' primary means of encouraging local economic development. However, these incentives typically receive less oversight than traditional government spending, potentially leaving them open to corruption and abuse. This article presents a case study of "Team TIF," a novel community-academic partnership focused on government transparency and racial equity in the use of TIF and other incentives. We begin by describing TIF and tax abatement in the St. Louis context, including specific examples of their misuse. We then present the online and offline strategies that Team TIF has used to educate the public on this issue. We close with a discussion of possible local and state-level reforms. |
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ISSN: | 0735-2166 1467-9906 |
DOI: | 10.1080/07352166.2017.1421433 |