Oklahoma Towns Continue to Use TIFs Despite Flaws

Oklahoma Towns Continue to Use TIFs Despite Flaws

The Stillwater City Council recently approved a $275,000 (RE)Investment Plan payment to assist with the development of a taproom for Stonecloud Brewing Company in downtown Stillwater. According to the Stillwater NewsPress, the building chosen for renovation (the old...
Tax Increment Finance Districts (TIFs)

Tax Increment Finance Districts (TIFs)

Tax Increment Finance Districts (TIFs) Author Byron Schlomach Abstract When towns, cities, or counties create TIF districts, tax revenues that result from additional sales or increased property taxes are not shared in the community as a whole but are concentrated on...