Tax incentive programs underfund schools
Rebuilding Place in Urban Space
MARCH 4, 2024
Governments impute a likely increase in property value and tax revenue from a new development, but direct that increase to the developer as a source of finance, inducement, etc. But that is all the taxes--city, county, schools, special districts, etc. Between 2017 and 2023, those schools lost $237.3
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