January 4 panel discussion on the impact of tax increment financing on Johnson County
Iowa Capitol
Chairs of House and Senate Tax Committees to chair discussion
The public is invited to a discussion of the use of tax increment financing to spur local economic development. The meeting will take place in the Coralville Public Library, E. Jean Schwab Auditorium, on Wednesday, January 4, from 6:00 – 7:30 pm.
The focus on the discussion is the new report: Tax Increment Financing – A Case Study of Johnson County, by Peter Fisher of the Iowa Policy Project. (The report can be found here: http://www.iowafiscal.org/TIF.html)
The hosts will be Senator Joe Bolkcom, (D-Iowa City), the chair of the Senate Ways and Means Committee, and Representative Tom Sands, (R-Wapello), the chair of the House Ways and Means Committee.
The following entities will participate:
- City of Coralville
- North Liberty
- City of Iowa City
- Johnson County
- Iowa City Community School District
- Clear Creek Amana School District
- Peter Fisher, Iowa Policy Project
The meeting is an opportunity for the public to hear directly from local government leaders on the use of TIF in Johnson County. The two legislators chair the Legislature’s tax committees that would consider any statewide reforms.
“There can be strong differences of opinion when it comes to TIF,” Bolkcom said. “The point of this meeting is to gather more facts and come to a better understanding of various perspectives.”
