Tax increment financing (TIF)--an economic (re)development tool originally designed for urban cities--has been available to rural communities for decades. This is the first study to focus solely on TIF in rural school districts, to examine TIF effects on school districts' property tax base and rates, and to conduct event-study estimations of TIF…

This chapter discusses an innovative state public policy which has incentivized Iowa's community colleges to become the economic drivers of their region. Created in the 1983 legislation, it continues to this day to affect Iowa's rural communities and their colleges.