TIF Technical Committee

Tax increment financing (TIF) financing tools work by transferring the property tax revenues that flow from a designated project area to the city, county, and other taxing entities. Additional tax revenue in future years (the “increment”) is diverted into a separate pool, which can be used to pay for improvements directly or to pay back bonds issued against the anticipated TIF revenue.

In California, TIF has historically been used by redevelopment agencies to raise funding for infrastructure improvements, housing and other projects in redevelopment areas. However, with the dissolution of redevelopment agencies as of February 1, 2012, the traditional form of TIF financing is not available.  New financing mechanisms such as Enhanced Infrastructure Financing Districts (EIFDs) and Community Revitalization Investment Areas (CRIAs) are opportunities for public agencies to create more economic development within your community.

CALED has created a Technical TIF Committee comprised of expert practitioners, attorneys and consultants to assist in sharing knowledge and resources to help California communities leverage these new tools:

If you have additional questions regarding these tools or the work of the Technical TIF Committee, please contact CALED at 916-448-8252 or any of our expert Committee Members.

Committee Members

Aaron Laurel, Economic Development & Housing Director, City of West Sacramento (Co-Chair)

James Hamill, Managing Director, CA Statewide Communities Development Authority (Co-Chair)

Constantine Baranoff, Shareholder, Kronick Moskovitz Tiedemann & Girard

Jon Goetz, Shareholder, Kronick Moskovitz Tiedemann & Girard

Lynn Hutchins, Partner, Goldfarb & Lipman LLP

Debbie Kern, Senior Principal, Keyser Marston Associates, Inc.

Larry Kosmont, President, Kosmont Companies

Ellen Martin, Executive Vice President, EPS

Mike Nuby, Manager, Economic Development Services, Southern California Edison

Daniel Rofoli, Consultant, Economic and Housing Development Division, Community Development Commission of Los Angeles County

Nicholas Romo, Legislative Policy Analyst, League of California Cities

Alexa Smittle, Principal, RSG, Inc.

Randy Starbuck, Consultant, A2B Consulting

Rafael Yaquián, Partner, Goldfarb & Lipman LLP

Please check back for information and updates periodically.