Traverse City enables more cronyism in its latest money grab.
It seems that each year, special TIF districts are set up throughout our state in order to promote growth or development of a particular economy or industry. The revenues raised through a TIF scheme are theoretically targeted, specifically for the district raising the value of that district over a specified period of time.
But does it work well enough and is it worth the effort, and goodwill lost, as it continues to be abused by those who hold the authority? As voters look at the millage requests on the ballot, they now see the language that reminds them that not-all-of their voted in millage will go where it is intended.
A TIF scheme is done by