Ad Valorem Taxes
A tax based on the assessed value of an item, such as real estate or personal property.
bond-basics
Tax Increment Financing (“TIF”) Bonds
Bonds are special obligations secured by incremental increases in Tax revenues paid by users of developed property or by general increases in taxable values within a designated tax increment area. The Taxes involved are usually Ad Valorem Property Tax, although some states may permit the use of sales taxes or hotel occupancy taxes. State laws specify the mechanism and process for the implementation of Tax Increment Financing.
All the Bonds
Learn more about the various types of municipal obligations you may encounter.
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Special Tax Counsel
An attorney or firm of attorneys engaged to render opinions on the federal and/or state tax exemption for tax-exempt bonds and those aspects of the transaction relating to whether the tax-exempt bonds qualify for federal tax exemption and, in some cases, state tax exemption.