Developing Public Recreation and Park Facilities with Tax Increment Financing

Authors

  • Sheila J. Backman
  • John L. Crompton

Keywords:

Tax increment financing, parks and recreation.

Abstract

A majority of states have passed enabling legislation permitting tax increment financing to be used, but it remains unknown to many park and recreation administrators. This financing mechanism and the situations in which it can be appropriately used are described. Examples are provided of how it has been used to develop park and recreation facilities, and potential abuses of the mechanism are discussed.?

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Published

1986-07-04

Issue

Vol. 4 No. 3 (1986)

Section

Regular Papers

License

Sagamore Publishing LLC (hereinafter the “Copyright Owner”)

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