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What’s wrong with Tax Increment Grants? (TIGs) A Community Conversation

February 20 @ 10:00 AM - 12:00 PM

Tax-increment grants to developers have never been approved in Raleigh or Wake County. But developer John Kane is asking for a giant TIG for his Downtown South project, with the backing of Raleigh Mayor Mary-Ann Baldwin and Wake County Commissioner Sig Hutchinson.

We estimate that Kane’s TIG would cost the taxpayers of Raleigh and Wake County at least $450 million over the next 30 years. And if Kane gets a TIG, won’t every developer with political connections want a TIG too?

Livable Raleigh members Yevonne Brannon and Bob Geary will dive into what TIGs are and what they’re not with experts including:

    • Vickie Adamson, Wake County Commission, Vice Chair
    • Alexandra Sirota, director of the N.C. Budget & Tax Center
    • Kristin Beller, president of the Wake County Association of Educators.
    • Wanda Hunter, Southeast Raleigh Community Leader

There is no charge for this event. Hope to see you there!

You must register for the event

Details

Date:
February 20
Time:
10:00 AM - 12:00 PM
Event Category:
Website:
https://us02web.zoom.us/meeting/register/tZMlcu-urDIiG91mHKLp29C6nNmWYETSEn7P