I recently went to a political thing that had a courageous, honest, truthful speaker who clearly knew diddlysquat about TIF districts.
While I admire the passion the man (who was not either of the mayoral candidates) exhibited, it drove me nuts that media efforts to educate the public on how city finances work have culminated in “TIF bad.”
With that in mind, I’m going to use the next two of my 1,001 afternoons to tell you what tax increment financing is and how the current system is screwing you with your pants on. » Read the rest of this entry «