UIC expert assesses TIFs in new report
October 5, 2018

David F. Merriman, the James J. Stukel Presidential Professor of Public Administration at the University of Illinois at Chicago College of Urban Planning and Public Affairs, has worked with the Lincoln Institute of Land Policy to publish a report, Improving Tax Increment Financing (TIF) for Economic Development.

Merriman concluded that “in most cases, TIF has not accomplished the goal of promoting economic development.”

He went on to say that TIF “has the potential to draw investment into long-neglected places, but its success requires rigorous analysis, transparency, and oversight to ensure that the expenditure of taxpayer dollars truly benefits the public.”

The report is available for $15. For more information, log on to www.lincolninst.edu.

To contact Merriman, email dmerrim@uic.edu.