There has been A LOT of research and studies done on TIFs. We’ll be parking some of the most relevant documents here.
- National Association of Realtors – TIF_Primer-2002
- Neighborhood Capital Budget Group -TIF_Almanac-2003
- Creation vs Capture-Evaluating_True_Costs_TIF-Farris+Horbas - Shows that if all TIFs in Cook COunty were eliminated, your property tax would go down by 11%.
- “Tale_Two_Cities – Reinventing TIFs” – Commissioner Mike Quigley – 2007 - A thorough explanation of TIFs plus a list of recommended reforms.