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.

See Also

Ad Valorem Taxes

A tax based on the assessed value of an item, such as real estate or personal property.

Hudson Yards Rail Yards

Start with the Bond Basics

Hundreds of Terms and Concepts

Trust Indenture Act of 1939

A federal statute setting out the requirements for trust indentures in connection with publicly traded corporate securities.