Category Archives: Infrastructure

TIF at UTG: Take 2.

So, the TIF proposal for UTG is dead, long live the (new) TIF proposal for UTG. Now what? It is a fascinating development. As I blogged previously, I was far from convinced about TIF in its first City Gardens incarnation. … Continue reading

Posted in Aberdeen, Infrastructure, TIF | Tagged | 1 Comment

UTG TIF and other TLAs

UTG stands for Union Terrace Gardens, a sunken Victorian garden space in the centre of Aberdeen. TIF stands for Tax Increment Financincing, whereby Local Authorities borrow money using predicted growth in their locally raised business rates as collateral. TLA stands … Continue reading

Posted in Aberdeen, Infrastructure, TIF | 3 Comments