Author Archives: TeamTIFSTL
Looking at the City’s Fiscal Forest
(but it still got TIF, lol)
In the coming weeks, Team TIF will be posting a couple of articles that focus on the financial underpinnings and rationales given for some recently approved development deals.
At the Board of Estimates and Appointment (E&A) meeting on Wednesday, April 19, Paul Payne, director of the city’s budget division, presented Fiscal Year 2018’s proposed Annual Operating Plan (aka St. Louis City’s budget). It’s easy to get stuck in the weeds understanding this one, so we’ll try to break it down, and point out a few highlights.
This is the final post in a series on the true cost of putting proceeds from the proposed use tax increase towards building an MLS stadium instead of funds for public services. It does not advocate for or against the passage of the increased sales tax proposition.
This is the first post in a series highlighting the true cost of putting proceeds from the proposed use tax increase towards building an MLS stadium, rather than provide funds for public services.