Center for Business and Economic Research - Ball State University

Some Economic Effects of Tax Increment Financing in Indiana

Some Economic Effects of Tax Increment Financing in Indiana

This study evaluates the impact of tax increment financing (TIF) in Indiana counties from 2003-2012. TIF is a form of economic development incentive—the property tax revenues associated with the growth of assessed value or ‘increment’ on a designated piece of property can be captured for redevelopment.­ Through our research and analysis, we­ conclude that the Indiana TIF is not an economic development tool, but a county budget management tool.

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Tags: economic development, government, business and commerce, indiana, TIF and tax credits, incentives and programs