Why do we need a TIF?

Our Business District has been showing signs of decline for quite some time. A healthy Business District contributes more to property taxes, reducing the pressure on residential property taxes. Improvements have not come on their own and creating a TIF is a way to spur growth. A TIF District is the best tool to achieve the goal of improving the Business District.

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1. What is a TIF District?
2. Why do we need a TIF?
3. What does a TIF district do?
4. What doesn't a TIF district do?
5. How big is the TIF district?