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Letter to the editor: ‘Vote Hall for sensible use of TIF’

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Still from a video by Jason Smith

By Jon Fogarty

Ryan Hall has a campaigned on a number of issues that I wholeheartedly support: family friendly neighborhoods, strong local foods policy, transparency and a strong local economy, which is essential for everyone to thrive. But I was most impressed by his approach to tax increment financing policy. Unlike previous councils led by his opponent, Ryan supports a more cautious approach to tax increment financing. He believes the best way to promote economic growth is to provide a clear set of guidelines and apply them fairly rather than picking winners and losers through debt financed taxpayer giveaways. When tax increment financing is used, Ryan believes a clear public benefit must be included, and that the private sector should not be needlessly subsidized by the taxpayer. This good judgment and wisdom is precisely why I support Ryan.


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