Well, it's not the little people who are talking about Tax incremental Financing for special district. Fort Wayne's official has been assisting that TIF for Harrison Square will not impact their taxes. But former resident, Dr. Eugene White tells another story as the current Superintendent of Indianapolis Public Schools.
In other words Dr. White is suggesting to those folks who are seeing spikes in their tax bills, that it is the businesses that are driving up their taxes. Businesses that get tax incentives such as tax abatement or designated special district where these businesses are allowed to keep part of the tax collected from their district. The special set aside that is revenue from the tax roll can only be used to improve that district. Other projects that could have used the tax dollars are locked out because the funds are now restricted for the special district only under TIF.
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