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Wisconsin Department of Revenue

 City/Village Tax Incremental Finance (TIF) (s. 66.1105)
Territory Amendment Packet
(for parcels being subtracted)

Any active TID can amend boundaries up to four times by subtracting whole parcels that are contiguous to the existing TID boundaries. The value of the subtracted parcels is the same value that was added to the base when the parcels were incorporated into the TID. This is completely different than the way that additional territory amendments parcels are handled. Each territory subtraction requires a $1,000 fee and there are several important steps that must be followed to comply with state law. The redetermined base is calculated by subtracting the parcels, at the appropriate equalized value of the year when they first were added.

These forms must be completed and submitted to DOR on or before December 31st based on the amendment resolution date. DOR uses the information on these forms to establish the TID's amended base value and to verify that the proper legal procedures were followed. A territory amendment subtraction does not immediately reduce the value limitation since increment won't be calculated until the next August 15th equalization date.

Publications Description
PE-207 A Guide to Wisconsin's Tax Increment Law - Creating a District (9/08) - has detailed information on required class 2 notices in accordance with ch. 985 of the Wisconsin Statutes.
PE-221A Municipal TIF Districts Timeline for Amending Project Plans (9/08) - describes the different kinds of amendments and lays out the steps involved in adopting them.
PE-109S TID Project Plan Amendment Checklist (9/08) - will identify the forms needed to subtract parcel amendments.

One set (of the forms listed below) must be completed for each amended TID. For your convenience, three different file formats have been provided to complete the TID forms.

  1. Regular PDF - blank forms that you need to print and then enter the data.

  2. Fill-in PDF - can enter the data with your computer and then print. The fill-in forms do automatic calculations, but the form with data cannot be saved.

    Fill-in forms option: Please read the instructions first before using this option. This is not available for all the forms. This option will not electronically file your form.

  3. Excel - has all of the forms in one file. The advantages of the Excel format is:
    • You can save the file and work on the forms periodically.
    • The completed file can be e-mailed to the Department of Revenue.
    • The file does calculations automatically and information can be passed from one page to another.
Form Name Description
Excel format Contains all of the necessary forms. Best practice is to open the workbook, save it to your computer (remember location), and then go offline to complete the forms.
PA-480 Tax Incremental Financing Remittance Fee (8/06)| Fill-In Form
PE-601AS TIF Base Year Personal Property List (9/08) | Fill-In Form
PE-605A Project Plan Amendment - Legal Requirements (9/08) | Fill-In Form
PE-608S TID Parcel List Locally Assessable Property (9/08)| Fill-In Form
PE-608MS State Assessed Manufacturing Property - TID Parcel List (9/08) | Fill-In Form
PE-608MPS State Assessed Manufacturing Personal Property (9/08) | Fill-In Form
PE-615AS Statement of Assessment - Tax Incremental District (9/08) | Fill-In Form
PE-617AS Tax Incremental District Assessor's Final Report (9/08) | Fill-In Form
PE-619S TID Parcel list - City owned property (9/08) | Fill-In Form

Please complete and return the appropriate forms for creating a Tax Incremental District by December 31. Return them to:

Wisconsin Department of Revenue
Attn: Equalization Section
Mail Stop 6-97, P.O. Box 8971
Madison, WI 53708-8971
or fax to (608) 264-6897

For more information contact:

Last updated October 29, 2008