TIF tiff | Arkansas Blog

Friday, April 27, 2007

TIF tiff

Posted By on Fri, Apr 27, 2007 at 6:04 AM

The Morning News has a good roundup from the Northwest Arkansas perspective on yestereday's Supreme Court ruling that outlawed capture of the required 25 mills of local property tax support for schools for Tax Increment Finance redevelopment districts. The possibility that the court would rule this way had already prompted a change in thinking on TIF districts in that part of the state.

I see in the D-G that NLR Mayor Hays still lusts over the 19 school mills assessed in excess of the 25 base mills to provide some corporate welfare swag for Bruce Burrow's Bass Pro development. It might be foolhardy, but I still hope someone will directly address the question of how the redevelopment amendment overrode baseline constitutional provisions that limit expenditure of school tax money to the operating purposes for which they were voted. That point wasn't addressed directly, only by implication (and then in a bad way), in Thursday's Supreme Court ruling. A TIF scheme in Louisiana was successfully attacked for taking money voted for one purpose and using it for corporate welfare.

From the ArkTimes store



Showing 1-1 of 1

Add a comment

Subscribe to this thread:
Showing 1-1 of 1

Add a comment

More by Max Brantley

  • Open line and Civil War update

    More Confederacy defenders were on hand in Bentonville against imagined threats to a one of hte Confederate statues put up long after the Civil War to spin a narrative about the noble Lost Cause.
    • Aug 20, 2017
  • Three dead in WLR

    Three dead in suspected double murder-suicide in West Little Rock.
    • Aug 20, 2017
  • One dead in shooting at Buffalo National River

    KTHV reports a man was fatally shot Saturday at the Buffalo National River in Searcy County in what is being called an officer-involved shooting. No other details at the moment.
    • Aug 20, 2017
  • More »

Readers also liked…

Most Shared

  • Take yourself there: Mavis Staples coming to LR for Central High performance

    Gospel and R&B singer and civil rights activist Mavis Staples, who has been inspiring fans with gospel-inflected freedom songs like "I'll Take You There" and "March Up Freedom's Highway" and the poignant "Oh What a Feeling" will come to Little Rock for the commemoration of the 60th anniversary of the desegregation of Central High.
  • Klan's president

    Everything that Donald Trump does — make that everything that he says — is calculated to thrill his lustiest disciples. But he is discovering that what was brilliant for a politician is a miscalculation for a president, because it deepens the chasm between him and most Americans.
  • On Charlottesville

    Watching the Charlottesville spectacle from halfway across the country, I confess that my first instinct was to raillery. Vanilla ISIS, somebody called this mob of would-be Nazis. A parade of love-deprived nerds marching bravely out of their parents' basements carrying tiki torches from Home Depot.
  • Lynchings hidden in the history of the Hot Springs Confederate monument

    Hot Springs twice erupted into the kind of violence that has its roots in the issues left unresolved by the Civil War, and both times, it happened right where that monument to Confederate soldiers stands today.

Most Recent Comments



© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation