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Question: You are a senior financial analyst in a community
Question: You are a senior financial analyst in a community. The community is considering adopting/effecting the following four strategies: (1) Impact fee requirement for new development, (2) Tax Increment Financing (TIF) for redevelopment, (3) Payment in Lieu of Taxes (PILOT) for non-profit or other entities that do not remit conventional property taxes, and (4) property tax incentives and business income tax credits for businesses moving to/and or expanding in the community. Write a memo (of about 4 pages) to the CFO of this community summarizing best practices for effecting the above four strategies. Be specific and cite the readings in the applied finance class where appropriate. This MUST be single spaced.
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