Laserfiche WebLink
Tax Increment Financing (TIF) <br /> Common Methods for Financing Costs <br /> • Pay-as-you-go Notes <br /> — Project financed upfront by developer <br /> — Developer is reimbursed over time <br /> • Interfund Loans <br /> • G.O. Tax Increment Bonds <br /> — Can be issued without a referendum if tax increment <br /> contributes at least 20% of debt service costs <br /> • Revenue Bonds <br /> — For seasoned development with a "coverage" factor and/or <br /> guaranteed <br /> Public Sector Advisors springsted <br />