Tax Increment Finance Services
Tax Increment Financing (TIF) is a powerful tool that enables governmental entities to fund the critical infrastructure that may be needed to spur economic development at the local level. TIFs are created so that local governments can finance infrastructure improvements and provide incentives to lure private investment, thereby revitalizing communities. The Argus team leads clients through the process of establishing a TIF, assists with the administrative functions that are vital to its proper management, and tracks the progress of the TIF throughout its term to ensure its success.
Working in concert with you, we can:
- Analyze cash flows to verify stable development assumptions and determine project feasibility
- Assist with negotiation of the terms and conditions of the TIF agreement and monitor its compliance after execution
- Work closely with local officials to ensure that proper records of TIF parcels are maintained and that “Payments in Lieu of Taxes” are distributed appropriately
- Manage important administrative filings
- Prepare and submit annual information to appropriate entities, including continuing disclosure to investors and status reports to local and state agencies where appropriate