The tornado that devastated Joplin, Missouri in May of 2011 killed 161 people and injured over 1,000. Property damage resulted in insurance claims of over $2 billion and cost residents and businesses about $34 million in assessed property evaluation. 

In an effort to facilitate reconstruction, city leaders used a tax-increment financing (TIF) program. The people of Joplin rebuilt their town with remarkable speed, and by 2015, total assessed property value in Joplin exceeded the pre-tornado level. But if anything, they did so in spite of—not because of—the TIF program.

Click on the link below to read the entire essay.





About the Author

Patrick Tuohey
Patrick Tuohey
Senior Fellow of Municipal Policy

Patrick Tuohey works with taxpayers, media, and policymakers to foster understanding of the conse