Economics Center Introduces New TIF Forcasting 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.

According to Deerfield Township Fiscal Officer John Wahle, "The trustees really appreciate having a tool that can help inform planning for the future, beyond just the upcoming year."
Additionally, Wahle noted that "The staff look forward to using a tool that it is intuitive, easy and flexible for reporting to the trustees to help them understand the resources that the Township has available in the near future and things to look for further out."

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

Jennifer Pitzer, Research Associate