Tax increment finance: the legislative romance between the municipal government and Winnipeg stakeholders

dc.contributor.authorCopping, Rebecca
dc.contributor.examiningcommitteeCouture, Gerry (City Planning) Eno, Veronica (Longboat Development Corporation)en_US
dc.contributor.supervisorBridgman, Rae (City Planning)en_US
dc.date.accessioned2015-03-05T22:08:58Z
dc.date.available2015-03-05T22:08:58Z
dc.date.issued2015-03-05
dc.degree.disciplineCity Planningen_US
dc.degree.levelMaster of City Planning (M.C.P.)en_US
dc.description.abstractThis research explores the effectiveness of Tax Increment Financing (TIF) as a financial tool to stimulate residential and commercial development in downtown Winnipeg. Cost is a commonly cited barrier to developing downtown, resulting in deteriorating and vacant city centers. TIF can remove some of the financial barriers to development, ultimately revitalizing downtown and benefitting the community as a whole. A comprehensive literature review was used to inform unstructured interviews with urban planners, developers, and various city officials to determine how TIF could be effectively implemented to revitalize Winnipeg’s downtown. Examining precedents from Winnipeg and across North America highlight the positive and negative impacts of TIF, as well as its promotion as a tool for urban renewal. TIF is an effective method of increasing property values, and encouraging development in priority areas. Tailoring present TIF methods to local conditions can help avoid increasing property taxes, wrongful use of land expropriation, or insufficient revenue generation.en_US
dc.description.noteMay 2015en_US
dc.identifier.urihttp://hdl.handle.net/1993/30292
dc.language.isoengen_US
dc.rightsopen accessen_US
dc.subjecttax increment financeen_US
dc.subjectfinancial toolsen_US
dc.subjectdowntown revitalizationen_US
dc.subjectdevelopmenten_US
dc.subjecturban renewalen_US
dc.subjectplanningen_US
dc.titleTax increment finance: the legislative romance between the municipal government and Winnipeg stakeholdersen_US
dc.typemaster thesisen_US
local.subject.manitobayesen_US
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