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Tax Increment Financing in Champaign, Illinois: Analyzing the effect of TIF districts on the economic development of Champaign between 1980-2010

Huttenhuis, L.J. (2013) Tax Increment Financing in Champaign, Illinois: Analyzing the effect of TIF districts on the economic development of Champaign between 1980-2010. Master thesis.

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Abstract

In this thesis three Tax Increment Financing districts in Champaign, Illinois, are analyzed in a qualitative and quantitative way to determine the effect of TIF districts on the economic development of Champaign. This thesis shows that development in and around a TIF diffuse and does not happen only in one single place or area. The outcomes lead to the conclusion that TIF districts can change the path of blighted areas. The use of spatial data created a new dimension in TIF research, enabling the analysis and spatial direction of economic development. It became clear that TIF is a financial tool to redevelop areas but economic development goals are not the only objective a municipality has in mind when adopting a TIF. Spillover effects were hard to determine, but regions around the districts did show signs of stimulated development.

Item Type: Thesis (Master)
Degree programme: Economic Geography
Supervisor: Koster, S
Date Deposited: 23 Apr 2020 05:24
Last Modified: 23 Apr 2020 05:24
URI: https://frw.studenttheses.ub.rug.nl/id/eprint/1144

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