Sunday, June 12, 2005
The mayor of Tempe, Arizona wants to develop a collaboration with Scottsdale to eliminate tax subsidies to developments along their shared border. Read more.
Ohio's Attorney General is appealing to the U. S. Supreme Court to overturn a decision on the use of tax incentives to help businesses expand. Read more.
In Massachusetts, District Improvement Financing provides a new tool for downtown development. The incentive allows municipalities to issue bonds for infrastructure improvements. These operate like TIF districts. Read more.
In Illinois, a taxpayer's group has outlined a series of porkbarrel provisions that were included in the recently enacted Illinois budget. Read more. Download the report.
Iowa is providing a $500,000 state grant to a California company if it moves its headquarters to Iowa. Read more.
Johnson & Johnson recently announced a consolidation plan, and the that plan may trigger an effort by Roanoke to recover some of its incentive money. Read more.
But here is an article from Iowa but explores the difficulty of evaluating the cost and benefits of tax expenditures to businesses. Read more.
posted by Ed Morrison |
links
Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
If you are using a news reader, here is the link to syndicate this site:
Here's the link if you are a bloglines subscriber:
Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.
Incentive Watch
