Posted on: October 7, 2019
In the past few years, the City of Edina has
experienced redevelopment at a pace not seen for nearly five decades. The City has used Tax-Increment Financing (TIF) on just six of more than50 large-scale construction projects in those years.
Most people...
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TIF: Tax-Increment Financing
Posted on: October 7, 2019
Tax-increment financing (TIF) is a tool Edina has used sparingly over the past several decades to deliver long-term outcomes that benefit the general public. The public benefit from Edina’s use of TIF usually falls into four categories:
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TIF: Tax-Increment Financing
Posted on: October 7, 2019
Tax-increment financing (TIF) has been used
to help create some of Edina’s most iconicand beloved spaces. Without this financing
tool, these projects likely never would havehappened in the way Edina residents and
visitors experience them ...
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TIF: Tax-Increment Financing
Posted on: November 25, 2019
Why doesn’t the City of Edina use tax-increment financing (TIF) for more parks, road improvements, a community center or other resident wishes?
That’s a question City staff members hear from residents. The answer is quite simple: The la...
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TIF: Tax-Increment Financing