Tax incremental financing (TIF) is a program used by the City of Wisconsin Dells to finance development cost. In the absence of market driven development the City functions as the co-signor- holds loan responsibility.
Tax incremental financing (TIF) means the City of Wisconsin Dells receives - consumes the additional property taxes generated by the development - that would have gone to other taxing jurisdictions - like schools.
This can be described as a cost shift upon residents - but the City of Wisconsin Dells lacks the population to ever compensate.
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