There is ongoing academic research regarding how much money it takes to be happy, or at least satisfied, with one’s financial life. While the numbers vary, at a certain point, studies show that increases in annual income no longer seem to bring greater happiness.
This week I’m going to drop the personal off of personal finance to write a little bit about something that has become a hot topic locally.
Recently the Fort Collins City Council approved a financing package for the redevelopment of the Foothills Mall that included Tax Increment Financing, or TIF for short. This package in particular has brought about a lot of local commentary even though the City has used TIF and other tax offsets in the past.