The Department completed a report about Tax Increment Financing (TIF) in November 2015. TIF is a method of financing the cost of public improvements that promote community development and/or redevelopment projects. Ottawa County has supported the use of TIF in local communities for years, but an evaluation has never been completed to measure the outputs and outcomes of this economic development tool. As a result, County Administration requested this report to explain TIF and determine the impact of Ottawa County’s participation in TIF Districts.
