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3 results for "Morgan, Jonathan Q"
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Record #:
19901
Author(s):
Abstract:
Local governments can lessen the financial risks associated with investing in economic development by assessing whether a particular project will generate economic and fiscal benefits that outweigh its costs. This bulletin discusses some of the analytical approaches and tools available to help cities and counties avoid paying too much for too little in return on economic development projects.
Source:
Record #:
19898
Abstract:
Tax increment financing (TIF) is a mechanism by which local governments issue bonds, without a voter referendum, to make public improvements that are necessary to spur private investment in a designated area. TIF relies on the incremental tax revenues that result from increases in assessed property values. TIF bonds are considered to be self-financing because, if successful, the public improvements they finance will stimulate new private investment and generate tax revenues that are used to pay off the bond debt. This bulletin provides straightforward answers to some of the most frequently asked questions about TIF and aims to assist public officials in their initial considerations of TIF and when it might be appropriate.
Source:
Record #:
11427
Author(s):
Abstract:
Because the state was losing some big manufacturing plants to other states, the North Carolina General Assembly passed the William S. Lee Quality Jobs and Business Expansion (Lee Act) in 1996. This allowed the state to be more assertive in offering financial and tax incentives. Morgan assesses the pros and cons of incentives.
Source:
Popular Government (NoCar JK 4101 P6), Vol. 74 Issue 2, Winter 2009, p16-29, il, f
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