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RC 18- <br />Tax Abatement <br />Tax abatement acts like a simpler and less powerful <br />version of TIF <br />City, county and school district have separate <br />independent authority to grant tax abatement <br />Different from TIF and authority of city to approve capture of other <br />taxing jurisdiction taxes <br />Acting alone, the city cannot generate the same amount <br />of revenue from tax abatement as TIF <br />3 <br />Ќ <br />RC 18- <br />Public Interest <br />No statutory criteria for findings for public interest <br />May use one or multiple criteria <br />4 <br />Ѝ <br />Northland Public Finance2 <br />47 <br /> <br />