Tax Increment Financing (TIF) - What's a TIF?

Tax Increment Financing is an economic development program approach based upon:

  1. The assumption that attracting new economic development to a given geographical area will result in higher property tax valuations and collections pertaining thereto.  These future increases in tax revenues (tax increments) are used as collateral to guarantee repayment of bonds issued to support the given economic development program.

  2. Tax Increment Financing usually relies upon the issuance of bonds.  The net proceeds from these bonds are used to develop the projects and programs that are anticipated to result in:

    1. Increases to the tax rolls based upon these developments.  

    2. Increases to the tax rolls based upon economic development that results as a consequence of the TIF plan's enactment and completion.  

    3. Increases in the value of surrounding real property as a result of the economic development.  

  3. In a TIF plan, the municipality that authorized the creation of the new TIF District (the area included within the plan) is not responsible for satisfying the repayment obligations of the bonds beyond the payment of the incrementally increased tax revenues that resulted in the TIF District.

Company Profile

Rainmaker Marketing Corporation is a consulting firm that focuses on providing the due diligence services on a business to business (B2B) basis.  Rainmaker Marketing Corporation can trace its roots back to the late '80's and was formerly incorporated in 1994.

Over the years, Rainmaker Marketing Corporation consultants have completed hundreds of assignments across the United States (43 states) and offshore.  The completion of RMC's work directly lead to over $1.5 billion in successful project outcomes.

Take a few minutes and learn more about RMC.  This website is designed to provide a wealth of planning information pertaining to the capitalization, operations, and organizational program tenets today's savvy entrepreneurial company must embrace for continued growth and success...

Contact Information

Our business hours are from 9:00 a.m. to 5:00 p.m. Monday thru Friday (CST)

Telephone:

281-537-1200

Postal address:

15519 Dawnbrook Drive, Houston, Texas 77068

Electronic mail:

General Information & Consulting Queries: clint@rainmakermarketing.com 

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