A significant resource for funding the $15 to $18.8 million projected cost to the city for infrastructure improvements is Tax Increment Financing (TIF) through the state.

Source: https://montpelierbridge.org/2023/05/city-responds-to-concerns-about-country-club-road-process/

A year later, at the second TIF, which attracted two hundred thousand visitors, while everything was running normally on the afternoon of September 27th, the fair sunk into darkness due to a power outage.

Source: https://greekreporter.com/2023/09/09/thessaloniki-international-fair-a-historic-flashback-of-south-east-europes-biggest-event/

Councilman Bob Jackson said that removing the building from the TIF district would be more beneficial to the town than keeping it in.

Source: https://www.postandcourier.com/news/summerville-town-council-looks-to-remove-old-hospital-building-from-tif-district/article_aeb7d9a8-2255-11ee-a940-bbcbef25c4d0.html

I need his favor for my TIF money.

Source: https://www.chicagotribune.com/news/criminal-justice/ct-ald-edward-burke-corruption-trial-day-19-20231211-ogdmd7jxunhlhjvdilwk7u6pke-story.html

Of the $3 billion investment proposed, $300 million would come directly from Baltimore — half from borrowing via a revived industrial development authority and the rest from the sale of Tax Increment Financing or TIF bonds.

Source: https://www.baltimoresun.com/2023/12/11/baltimore-mayor-brandon-scott-to-unveil-3b-plan-for-vacant-houses-including-new-tif/

Plans for TIF funding realized from the district will be utilized to support infrastructure, business growth, facade improvements, marketing the downtown, expanding and improving area trail connections, and more.

Source: https://townline.org/oakland-creates-new-tif-district-to-support-downtown-revitalization/

Prime Minister Nikolaos Plastiras announced the reopening of the TIF.

Source: https://greekreporter.com/2023/09/09/thessaloniki-international-fair-a-historic-flashback-of-south-east-europes-biggest-event/

Shabazz said he would get the TIF district approved by the legislature through his connections to lawmakers.

Source: https://thebutlercollegian.com/2023/04/indystar-hosts-democratic-and-republican-town-halls/

Show us whether the billions in TIF taxes that have already been paid can cover what he wants to do,” Romanelli said.

Source: https://chicago.suntimes.com/city-hall/2023/5/16/23725748/brandon-johnson-first-full-day-chicago-mayor-fulton-market-crime-cta-tif-taxes

The Maine Department of Economic and Community Development last week approved creating a downtown tax increment financing district, or TIF.

Source: https://www.centralmaine.com/2023/06/01/oakland-officials-hope-states-ok-of-financing-tool-will-lead-to-reinvigorated-downtown/

The Summerville Town Council has voted to remove Dorchester County's human services building, which used to be the old county hospital from 1937 to 1975, from the Midtown TIF district.

Source: https://www.postandcourier.com/news/after-a-structure-fire-and-insurance-battle-plans-for-old-chicora-school-resume/article_ca520eec-4e7c-11ee-bb6b-efc390fc071e.html

The TIF program provides that repayment is spread over 20 years with the state retaining 70% of funds that would otherwise have gone to the education fund, Clarke said.

Source: https://montpelierbridge.org/2023/05/city-responds-to-concerns-about-country-club-road-process/