Friday, August 15, 2003


Weblog Mirror
http://www.kelsorat.com/weblogs/weblog/comments or questions [] 1:03:53 PM

Utah Among States Loosening TIF Restrictions

Good Jobs First, a group that claims to provide "timely and accurate information to the public, media, public officials, and economic development professionals on best practices in state and local job subsidies", has issued a report called "Straying from Good Intentions". The report says that some states, including Utah, have made legislative changes to Tax Incentive Finance Programs and enterprise zones that loosen the povery criteria, diminishing the benefits to impoverished areas.
According to the report, Utah no longer requires blight for economic development projects funded by TIF. (Page 22 of the pdf report)
GJF: Straying From Good Intentions

comments or questions [] 1:03:16 PM