Tax Increment Financing and Economic Development

Craig L. Johnson is Associate Professor of Public Finance and Policy Analysis at Indiana University. He is the coauthor (with Martin J. Luby and Tima T. Moldogaziev) of State and Local Financial Instruments: Policy Changes and Management. Kenneth A. Kriz is University Distinguished Professor of Public Administration at the University of Illinois at Springfield.

• List of Figures and TablesAcknowledgments Part I. Background 1. IntroductionCraig L. Johnson and Kenneth A. Kriz2. A Primer on Tax Increment FinancingCraig L. Johnson and Kenneth A. Kriz3. A Review of State Tax Increment Financing LawsKenneth A. Kriz and Craig L. Johnson4. The Use of Debt in Tax Increment FinancingMartin J. Luby, Tima T. Moldogaziev, Craig L. Johnson, and Ruth Winecoff Part II. Implementation, Uses, and Structure 5. The Port Covington TIF: Did Baltimore "Protect This House"?Roy T. Meyers6. TIF for Major Project Development: The Case of the Stapleton Airport RedevelopmentChristine R. Martell7. An Incentive Program Grows Up: The Evolution of TIF in ChicagoAndrea Craft and Rachel Weber8. TIF in California: Birth, Growth, Death, and ResurrectionCatherine Horiuchi and Jeffrey I. Chapman9. The (D)Evolution of TIF Use: Redevelopment to Land Development in NebraskaCraig S. Maher, Sungho Park and Ji Hyung Park10. Using TIF for Brownfields RedevelopmentE. Evans Paull11. State Super TIF Programs: New Tools for Transformative Urban RedevelopmentE. Evans PaullPart III. Economic, Social, and Fiscal Impact 12. The Theory and Economic Impact of Tax Increment FinancingKenneth A. Kriz13. Tax Increment Financing and Spatial SpilloversAnita Yadavalli and Michael Delgado14. The Conceptual Pliability of TIF and the Political Rhetoric of Environmental Remediation: Groundwater Pollution and Tax "Decrement" Financing in WichitaChase M. Billingham and Sean Sandefur15. TIF and Education Funding: Issues and ImpactPhuong Nguyen-Hoang16. TIF Legislation in Indiana: Agile and AdaptivePerry Burnett, Mohammed Khayum, Sudesh Mujumdar, and Daniel Friesner17. ConlusionCraig L. Johnson and Kenneth A. KrizContributorsAuthor IndexSubject Index

"…this updated volume makes a significant contribution to the literature. This edition is especially adept at demonstrating how the concept of TIF has been expanded through policy and practice. While the value of the text lies in its scope, breadth and analysis, it also serves as a benchmark, a point of reference, and ultimately, a roadmap … It is the go-to text for anyone wanting to learn the basics about one of the most popular economic development tools of our time." — Journal of Urban Affairs