An Industrial Development Bond (IDB) is a debt instrument issued by municipalities in the USA to finance private industrial business projects, thereby fostering local economic development.
Tax Increment Financing (TIF) is a public financing method used commonly by local governments to subsidize infrastructure, redevelopment, and other community-improvement projects.
An in-depth look at Unlimited Tax Bonds, including their definition, how they function, types, examples, historical context, as well as their importance in municipal financing.
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