Monthly Archives: December 2020

Op ed: Development tax breaks need oversight

Written by: Peter Reichard

It looked like a stroke of genius. Back in the 1950s, California officials, looking to fund economic development projects under tight budget constraints, created a mechanism known as tax increment financing, or TIF. The idea was to pledge new (or incremental) tax revenue generated from a project to make the project itself possible. It would be a clean win for the public, because the only money to be spent would be money that would not … Continued

Utah Thrives Podcast | Homeless in Salt Lake

Written by: Peter Reichard

In November, Utah Foundation held a Breakfast Briefing on the topic of homelessness, sponsored by the University of Utah’s College of Social and Behavioral Science. Our panel of experts featured: Tricia Davis, of the Utah Homelessness Programs Office Utah Representative Eric Hutchings Dr. Jeff Rose, of the Department of Parks, Recreation, and Tourism at the University of Utah Dr. Jesús N. Valero, Assistant Professor in the Department of Political Science at the University of Utah The … Continued

Policy Savant Panel — UtahPolicy.com: Is now the time to bond for infrastructure?

Written by: Peter Reichard

Interest rates are at historic lows, Utah’s AAA bond rating is still going strong, and we have significant bonding capacity, even within the state’s tight statutory and constitutional constraints. Under normal circumstances, these factors alone would make this an advantageous time to consider a bonding program for infrastructure. But with Utah and its local governments exploring options for economic stimulus, a strong case can be made for focusing efforts on infrastructure. Investments in infrastructure protect … Continued