Mike Farrell advocates ending TIF

Mike Farrell has written an opinion piece suggesting that it is time to end the Morris TIF.

The Morris TIF district will expire in 2009, unless the school boards agree to an extension.

City officials are actively lobbying school superintendents for an extension.

Mr. Farrell's analysis recognizes the fact that TIF diverts money from our schools. Each year, according to Farrell, over $3,000,000 is diverted from other taxing districts into city coffers. The other taxing districts don't go without; the shortfall is simply made up in the form of higher taxes for every property owner in the district.

By refusing to extend TIF, school boards can improve the financial condition of their districts and bring about much needed tax relief.


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