Equity and Entrepreneurialism: The Impact of Tax Increment Financing on School Finance.
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| Title: | Equity and Entrepreneurialism: The Impact of Tax Increment Financing on School Finance. |
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| Language: | English |
| Authors: | Weber, Rachel |
| Source: | Urban Affairs Review. May 2003 38(5):619-644. |
| Availability: | Sage Publications, Inc., 2455 Teller Road, Thousand Oaks, CA 91320. Tel: 800-818-7243 (Toll Free); Web site: http://www.sagepub.com. |
| Peer Reviewed: | Y |
| Page Count: | 26 |
| Publication Date: | 2003 |
| Document Type: | Journal Articles Reports - Research |
| Descriptors: | Educational Finance, Elementary Secondary Education, Entrepreneurship, School District Spending, State Aid, State Government, Tax Allocation, Urban Schools |
| Geographic Terms: | Illinois |
| ISSN: | 1078-0874 |
| Abstract: | Describes tax increment financing (TIF), an entrepreneurial strategy with significant fiscal implications for overlapping taxing jurisdictions that provide these functions. Statistical analysis of TIF's impact on the finances of one Illinois county's school districts indicates that municipal use of TIF depletes the property tax revenues of schools during the lifespan of the TIF district, but a portion of the budget shortfalls are relieved by increases in state school aid. (SM) |
| Entry Date: | 2003 |
| Accession Number: | EJ669117 |
| Database: | ERIC |
| Abstract: | Describes tax increment financing (TIF), an entrepreneurial strategy with significant fiscal implications for overlapping taxing jurisdictions that provide these functions. Statistical analysis of TIF's impact on the finances of one Illinois county's school districts indicates that municipal use of TIF depletes the property tax revenues of schools during the lifespan of the TIF district, but a portion of the budget shortfalls are relieved by increases in state school aid. (SM) |
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| ISSN: | 1078-0874 |
