|
Economic Development Projects
Our Indiana General Assembly has authorized local units of government to attract industry by paying for improvements and infrastructure projects. The use of TIF (Tax Increment Financing) bonds, EDIT (Economic Development Income Tax) backed bonds, and sales and income tax bonds for economic development, job creation and job retention has helped to ensure that Indiana 's economy, dependence upon factories and durable goods manufacturing, will continue to grow. Each of these programs has been used to attract and retain jobs for Hoosiers, but they are also sophisticated tools and care should be exercised in using them. The public finance professionals at City Securities have extensive experience helping communities develop plans for job creation which use some or all of these tools. |