Governor Kristi Noem and Senator John Thune opposed President Joe Biden’s effort to include child care in his infrastructure investments. (Governor Noem also got all…
Tag: tax increment financing
Amazon has confirmed the big economic development rumor of August: the online retailer is bringing a warehouse to Sioux Falls, promising 1,000 jobs and an…
An eager reader reports that the Lake County Planning and Zoning Commission had to vote and revote yesterday to approve a proposal for another tax…
Tax increment financing is that special deal local governments hand out to developers and other bigwigs to let them divert their property tax from public…
Last year Governor Dennis Daugaard said he wanted a statewide review of tax increment financing. Last week, the Department of Revenue delivered a useful document…
The awful graph of the week comes from the Department of Revenue’s otherwise rock’em-sock’em first-of-its-kind statewide Tax Increment Financing Report. Check out this poorly proportioned…
While legislation (SB 58) amending our tax increment finance laws languishes in the House, Governor Dennis Daugaard will be zooming out Tuesday to celebrate South…
Local governments use tax increment financing to jump start projects that market forces alone won’t support. The idea behind a TIF district is that, without…
Ten years ago I suggested Madison’s Chamber of Commerce and Lake Area Improvement Corporation recruit developers to resurrect the Lake Park Hotel. A classy hotel…
TIF-heavy Madison convinced the Lake County Commission last year to give up years of new property tax revenue to subsidize a sure-fire housing and commercial…