Municipal fiscal stress and the use of tax increment financing (TIF): transplanting TIF to the UK

Municipal fiscal stress and the use of tax increment financing (TIF): transplanting TIF to the UK

Insufficient property tax collections mean that local governments need to look for alternative sources of revenue or raise property tax rates or assessments to balance their budgets. Sixty per cent of municipal finance offices taking part in the National Council of State Legislatures survey indicate...

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Veröffentlicht in:Town planning review 2012-01, Vol.83 (2), p.195-212
Hauptverfasser: Chapman, Jeffrey I, Gorina, Evgenia, Park, Peter, Llewellyn, Siân, Murray, Chris
Format: Artikel
Sprache:eng
Schlagworte:
Budgetary policy
Cities
Local government
Public finance
State
Tax revenue
Taxation
United Kingdom
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Zusammenfassung:Insufficient property tax collections mean that local governments need to look for alternative sources of revenue or raise property tax rates or assessments to balance their budgets. Sixty per cent of municipal finance offices taking part in the National Council of State Legislatures survey indicated that the level of state aid to their city over 2010 had decreased, reducing their ability to meet overall needs (Hoene and Pagano, 2010). Reprinted by permission of Liverpool University Press
ISSN:0041-0020