Let’s face it, with the Sioux Falls School District telling us that it is inevitable they will need to build new schools (though I would rather they spend the money on giving parents FREE birth control) that means our property taxes in Sioux Falls will be going up, ALOT!
I think it is time to either put a moratorium or to eliminate TIFs all together. Developers in this town need to start paying their fair share. With over $700 million in building permits last year, it is obvious that developers and investors don’t need a handout or rebate on taxes to develop, if anything all this massive growth is hurting us, with little payback to the city, county and school district coffers.
It is time WE ALL paid into supporting public education, and that means killing large, unnecessary TIFs once and for all.