When the Tax Increment Finance (TIF) tool is used properly, A TIF is a public financing method that, when used as it's intended, it's a great subsidy for redevelopment, infrastructure, and other community-improvement projects.
But the problem in Hamilton County is that almost every new business property is now captured in these TIF allocation areas. Even those businesses who don't want, need, ask, or get any financial incentive to build.
Q: What would you rather see for the long-term balance of our community?
1) Property taxes going to all taxing authorities.
2) Taxes paying for goods and services you may not ever use.
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David Giffel is a Fishers Indiana homeowner, Hamilton County Delaware 19 Republican precinct Committeeman, FCoHC Board-member, Chairman Central Indiana IoPP Chapter, entrepreneur and has over 29 years business experience in manufacturing polymer resins, compounds and plastic films.