Report: Milwaukee Used More TIF Money Than Any Other City To Fund The Hop

Wisconsin Tax System Gave City No Other Option, According To Wisconsin Policy Forum

Milwaukee’s reliance on tax increment financing (TIF) to fund its streetcar system is unusual compared with how other cities have funded their streetcars, according to a new report by the Wisconsin Policy Forum.

The report by the nonpartisan organization compared The Hop to nine peer cities that have developed streetcar systems in the last 20 years.

Of the 10 cities studied, Milwaukee is the only one to use TIF as its primary local revenue source for streetcar development, the study found...

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Ken Notes: The good news is this means they have healthy TIF`s. The bad news is that cities in Wisconsin really have no other way of using property tax funds for projects.



- - Volume: 7 - WEEK: 38 Date: 9/19/2019 6:47:29 AM -