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Q15 Single choice

Using tax increment financing (TIF), local governments can finance public infrastructure for economic development projects with new tax revenue that is generated by development within the designated area.
Incremental, new tax revenue from a TIF district can directly:

A
Fund expanded public services, e.g., schools and public safety, generated by the TIF development project.
B
Provide or repay financing mechanisms, such as bonds, used to fund the TIF developmentproject.
C
Pay for maintenance and operations of new public infrastructure located within the TIF district.
D
Finance future, yet unidentified development projects located within the TIF district.

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