South DaCola

Why TIF’s are hurting us . . .

This quote from County Commissioner, John Pekas, pretty much sums it up;

“We are the constant underfunded entity in the state of South Dakota,” Pekas said. “This is the perfect poetic situation. The state has a surplus, the city has a surplus and we are out of money.”

I have often felt that there should be a shift in property tax dollars towards the county, I have also felt that the School Board, the County Commission and City Council should all have to approve a TIF with a 60% majority.

Trust me, if the law changed to allow this kind of approval process, no more TIF’s would be approved, and ironically, development would continue.

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