Home Page : Archive News : October 2013 News : Schools aren't fans of new Schaumburg TIF district

Schools aren't fans of new Schaumburg TIF district

October 08, 2013

Schaumburg is once again looking to tax increment financing to spur redevelopment and economic growth -- this time along Algonquin Road near the convention center. And once again, other taxing bodies are hoping the life span of the TIF district -- with its gradual shift of the tax burden to those outside it -- will be as much below the 23-year maximum as possible.

Source: http://www.dailyherald.com/article/20131007/business/710079693/
 
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