Dr. Kenneth Kriz Publishes a Co-edited Book on Tax Increment Financing

Dr. Kenneth Krizhas co-edited a new book titled “Tax Increment Financing and Economic Development.” The book brings together leading experts to examine the evolving nature of tax increment financing (TIF), the most widely used tool of local economic and community development. Originally designed as an innovative approach to the redevelopment of blighted areas, TIF has become a more general-purpose tool of economic and community development.

Contributors to the book offer case studies of the uses, structures, and impacts of TIF projects alongside more general discussions on the theoretical, financial, and legal bases for the use of TIF. They also explore its effect on overlapping jurisdictions such as cities, counties, and school districts. Some of the case studies capture TIF at its best—redeveloping areas that would likely never develop without substantial incentives. Other cases highlight questionable uses, especially where it has been used in new ways that those who developed the tool never envisioned.

Originally published in 2001, an updated second edition of “Tax Increment Financing and Economic Development” is available for purchase in both hardcover and paperback from the State University of New York (SUNY) Press. According to the publisher, the updated book is “clear, comprehensive, and timely.” “This new edition features the latest research and thinking on TIF, including the political, legal, and even ethical issues surrounding its use.”