New Resource: Commercial Property Value and TIF Revenue Forecasting Tool

The Economics Center created an analytical tool to forecast commercial property values and TIF revenues for TIF districts in Deerfield Township. This tool is simple and dynamic, requiring a minimum amount of user input but still flexible in constructing optimistic and pessimistic forecasts to approximate a variety of underlying conditions.

The Economics Center analyzed data from 30 local taxing districts to construct the tool, which generates a current year estimate and a 10-year forecast of total TIF revenues.

“The TIF Model is intuitive, easy and flexible for report to the Township Trustees to help them understand the resources that Deerfield Township may have available. The Trustees really appreciate having a tool that can inform planning for the future, beyond the upcoming year.” - John Wahle, Fiscal Officer, Deerfield Township

The tool could be extended beyond forecasting for TIF districts. To inquire about this new resource, please call Jennifer Pitzer at (513) 556-2491 or email Jennifer.Pitzer@uc.edu.