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RALEIGH – North Carolina can avoid future failures like the Randy Parton Theatre, if legislators reform the rules for so-called tax increment financing, or TIF. That’s according to a new…

Tax increment financing (TIF) is a type of public-debt financing that is supposed to promote private economic development in designated districts through the development of public improvement projects.

RALEIGH – The Kannapolis City Council’s plan to borrow $168 million through tax increment financing exposes key problems with that type of funding scheme. That’s according to a new John…

Tax increment financing (TIF) hides the diversion of funds from government services that is inherent in borrowing. It still puts taxpayers at risk for repayment and is more expensive than general obligation bonds or certificates of participation (COPs).