ERIC Number: EJ669117
Record Type: Journal
Publication Date: 2003
Reference Count: N/A
Equity and Entrepreneurialism: The Impact of Tax Increment Financing on School Finance.
Urban Affairs Review, v38 n5 p619-44 May 2003
Describes tax increment financing (TIF), an entrepreneurial strategy with significant fiscal implications for overlapping taxing jurisdictions that provide these functions. Statistical analysis of TIF's impact on the finances of one Illinois county's school districts indicates that municipal use of TIF depletes the property tax revenues of schools during the lifespan of the TIF district, but a portion of the budget shortfalls are relieved by increases in state school aid. (SM)
Descriptors: Educational Finance, Elementary Secondary Education, Entrepreneurship, School District Spending, State Aid, State Government, Tax Allocation, Urban Schools
Sage Publications, Inc., 2455 Teller Road, Thousand Oaks, CA 91320. Tel: 800-818-7243 (Toll Free); Web site: http://www.sagepub.com.
Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Authoring Institution: N/A
Identifiers - Location: Illinois