Cleveland Mayor Justin Bibb is proposing a controversial tax-increment financing (TIF) district for a large portion of the ...

Mayor Bibb's proposal would divert future tax revenue to fund infrastructure in economically depressed areas, but county ...

After a period of time – in Cleveland’s case, 30 years – the TIF district would expire, and the increased property taxes would start flowing back to their usual recipients, including the ...

CLEVELAND, Ohio — After using tax incentives to spur ... members had asked for when the downtown Shore-to-Core-to-Shore TIF district was being created. Last summer, Cleveland created a $1 ...

In 1972, the average home price in the United States was approximately $30,000. Fifty years later, that number broke $500,000 ...

Northwest Local School District had to sign off on the TIF because under Ohio law, a local school board must approve higher-percentage TIFs within its jurisdiction before legislation is passed.

Columbus' own Downtown TIF district, created in the early 2000s ... head of research at Ohio Policy Matters, told Council. Schiller worried that a special TIF for Bedrock could spell bad news.

A DuPage County judge has sided with the village and found that its enactment of a tax increment financing district — the property in the TIF district lies entirely within Winfield’s Town ...

The Painesville Township trustees can now decide whether or not to create the district. According to the Ohio Department of Development, a TIF freezes the taxable value of a property. As the value ...

In recent public meetings, local critic Steve Francis took issue with the fact that growth from Amazon’s $11 billion data centers would be collected for the TIF district. TIF districts ...