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Commentary: Counties, not cities, should determine TIFs
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Counties, not cities, should determine TIFs
A 2007 change to state law granting more authority to county tax
increment financing (TIF) commissions within the St. Louis area, at
the expense of municipal TIF commissions, has led cities within St.
Louis County to initiate a lawsuit attempting to overturn the
change.
The suit was filed on Feb. 15 by six cities along with their
umbrella organization, the St. Louis County Municipal League.
Municipalities within St. Louis and St. Charles counties have been
enacting tax incentives, particularly TIF, with much greater
frequency -- and much less fiscal ...
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