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suminary, of Tax Increment March ar+ch ' 1 <br />Page <br />have become a major barrier to the decertification of districts. This tendencyI raises serious policy concerns <br />regarding accountability of lr cal governments for T'fF spending decisions. Because the city is assured of the floe <br />of surplus TIF revenues, it bears little risk 'in authorizing the spending. The city knows that if 'it de- certified the <br />district as quickly as possible, the tax base d benefit all taxing districts, not gust the city. y contrast- the <br />ust v�u�l <br />cuts ears el full credit for new activities financed with the surplus increments. <br />Thus, the relatiwelyl lour cost, to the city) of expending the surplus increments and the fact that the decisions arc <br />g `as ' favor of authorizing higher TIF spending. <br />wade outside �f the budget process, creates � p <br />structural b�� in f <br />Mea�nv�w <br />hrle, the claimed benefit of TIF -- expansion of the t base for all local, t ing districts+ is delayed. Finally, <br />g e, 'it of be a <br />since the t base that is generating the 'increment, is already i� plac ' argued, that it would not be <br />present blut -for the author tion of the expenditures. <br />The l address these concerns l ,t ing the extent to which rucrements mays he spent olutside of the district <br />® g and by re uurung, that firm legal commitments for the spending be made %N thin four ears. <br />t generated the <br />a <br />at ,I <br />a ewer � .. <br />Thus latter time period m,cudes vw1*th the time period for commencement of activity ty under the knock -down rules <br />under present law* <br />IFRMEW LAW --- <br />Although not specifxcally� san�+ctioned by the t rucrernent law some cities have begun to requi <br />