Fiscal Disparities Position Statement

February 25, 2013 at 12:54 pm

The Fiscal Disparities program is a subject of legitimate interest and concern to NAIOP Minnesota members because of its total reliance on the commercial-industrial tax base.
Because the value of the Fiscal Disparities pool has grown to current levels in the hundreds of millions of dollars and demand for public resources has increased, the program is attracting increased interest from those who would divert some of this tax base sharing to subsidize or directly fund private or public development projects.

NAIOP members maintain that commercial-industrial properties should not bear the burden of financing any programs or projects by changing the Fiscal Disparities program.

Read the position statement recommended by the Fiscal Disparities Task Force, chaired by David Anderson of Frauenshuh, and adopted by the Public Policy Committee last week.

Entry filed under: Featured Articles.

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For more information about NAIOP Minnesota, visit www.NAIOPMN.org.

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