Understanding the Proposed Charter Amendments
Traverse City faces a critical decision this November: Two proposed charter amendments threaten the future of Tax Increment Financing (TIF), an essential tool for our city’s growth and sustainability. These amendments would require a public vote before the City Commission could approve any TIF plan, its amendments, or extensions. This change could derail the very mechanism that funds crucial projects, leaving us unable to fund the projects that help make the city we love.
Why is TIF Important?
TIF isn’t just a financial tool for developers; it’s a partnership that benefits the entire community. Through TIF, Traverse City has attracted state and regional investments that have transformed derelict spaces into vibrant areas like River’s Edge and Midtown. Without TIF, we risk losing these funds—over $4 million annually—jeopardizing future projects, and placing the entire burden on city taxpayers.
The Amendments’ Impact on Governance
These proposals challenge our local government's effectiveness by undermining elected officials' ability to make informed decisions. The City Commission, guided by public input and expert advice, oversees TIF plans per state laws. Requiring a public vote on every TIF decision turns sound financial planning into a popularity contest driven by short-term interests rather than the city’s long-term needs. As well, they risk years of gridlock as the legality of these proposals is decided by the courts. The State Attorney General and the Governor have stated that the proposals conflict with state law.
Why We Can’t Afford These Amendments
Endangers Needed Projects: The amendments ignore TIF’s critical role in funding infrastructure and fostering needed development, putting essential community projects at risk.
Jeopardizes Financial Stability: TIF plans annually inject $4 million in state and regional funding to Traverse City. Losing these funds would shift the financial burden to local taxpayers, potentially leading to higher taxes or reduced services.
Increases Taxpayer Burden: Mandating public votes on every TIF decision could render many projects unviable, pushing the entire financial responsibility for essential services onto city residents.
8th Street Revitalized: Thanks to Brownfield TIF, over $3 million from City, Regional, and State funds upgraded critical infrastructure, including water mains and bike lanes. This project also leveraged state funds to double the building space, boosting the property’s long-term taxable value.
By voting "No" on Proposals 1 and 2, you help preserve the tools that have made Traverse City vibrant and sustainable. Let’s ensure future generations enjoy the same quality of life.
Still have questions? Read more about Tax Increment Financing.
Take Action:
Spread the Word: Share why TIF projects matter and how they benefit Traverse City with your friends, family, and community.
Volunteer: Help us organize local events, manage digital outreach, or canvass neighborhoods to inform voters.
Donate: Your financial support boosts our education and outreach efforts. (Coming soon—contact us to pledge your contribution.)
Advocate: Oppose the charter amendments. Speak at community meetings, engage online, or write a letter to the editor. We can provide examples to help you get started!
Study Your Ballot: To ensure you're prepared, thoroughly view your sample ballot and read the two proposals. You can also confirm your registration status at the State of Michigan Voter Information Center.