Record #:

28705

Author(s):

Rivenbark, William C.; Denning, Shea Riggsbee; Millonzi, Kara A.

Abstract:

This bulletin explains the purposes of project development or tax increment financing, discusses various policy implications underlying its use, and describes how it became available to North Carolina local governments. It also outlines the statutorily prescribed steps for using project development financing, incorporating the 2007 amendments, and provides an example of how it might work in practice.

Source:

Local Finance Bulletin (NoCar KFN 7888 .L62), Vol. Issue 36, Nov 2007, p1-15, il, f

Subject(s):

Local government--Finance; Tax increment financing