At Baker Tilly, we approach Tax Increment Financing (TIF) as a tool to help communities prepare for and attract quality investment. Our staff of economic development, real estate, and financial specialists can help you develop a community-driven TIF approach to invest public funds in meaningful development projects that meet community objectives and create catalytic economic impact.
Outcomes you can expect:
Identify the geographic area that supports your local economic development goals
Establish a strategic plan and policy to guide the expenditure of TIF funds
Determine the existence, type and extent of "blight" as required to qualify an area as a TIF district
Complete a TIF district redevelopment plan and navigate the public process required to establish the TIF district
Evaluate varying community impacts of proposed TIF projects to make decisions about the use of public funds
Estimate the revenue from proposed TIF projects to determine the financial feasibility of public investment
Establish realistic, cooperative, and positive development agreements and community benefits agreements
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