Information on Colorado Lottery distributions, ticket sales, prize money, operating expenses, and the specific use of Powerball revenue for capital construction purposes.
This memorandum provides information on property tax revenue accruing to tax increment financing (TIF) districts. This research begins by providing background information on Colorado law that authorizes urban renewal authorities (URAs) and downtown development authorities (DDAs) to use TIF for urban renewal projects and concludes with information on TIF in other states.