Tax increment financing is a way that local governments offer financial
support for real estate projects in their communities through use of future property taxes that grow from the project. UW-L Political Science Professor John Kovari wrote a report on the pro’s and con’s of using TIF districts.
When used well, Kovari says TIF can stimulate robust economic growth in local communities. However, TIF also carries financial risks and can sometimes strain local budgets. In addition to sharing the results with the community, Kovari plans to use the research in his political science and public administration classes at UW-L.