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Wisconsin Department of Revenue

 Town Tax Incremental Finance (TIF)
Base Year Packet

The Town Tax Incremental Finance Law, Wis. Stats. 60.85, was approved by the Wisconsin Legislature in 2004 as a financing tool that towns could use to help pay for specific agricultural, forest, manufacturing and tourism activities as classified in the North American Industry Classification System (NAICS), 1997 edition. For additional information on these activities, go to the Summary of Eligible Projects for Town TIF.

All the forms needed to complete a Town Tax Incremental District (TID) creation application packet which is submitted to the Department of Revenue (DOR) are available on this page. In addition to the forms that list the valuation information for the property within the TID, there are several helpful documents that explain TIF and important components of the system. It is essential that you complete the application packet accurately; mistakes could mean that your TID does not get certified.

DOR uses the information on the forms to establish the district's base value and to verify that proper legal procedures were followed. When completing these forms, use consistent identification numbers on the forms and on the required maps. These must be completed and submitted to the DOR on or before December 31 of the creation year. The process of certifying base values does not begin until after January 1 of the year following creation.

Publications Description
PE-207T A Guide to Wisconsin's Tax Increment Law - Creating a Town District (9/08) - has detailed information on required class 2 notices in accordance with ch. 985 of the Wisconsin Statutes.
PE-212 Tax Incremental Finance - An Intergovernmental/Private Partnership (9/08)
PE-213 Municipal (City/Village/Town) TIF - Joint Review Board Supplemental Data (9/08)
PE-215 Municipal (City/Village/Town) TIF - Common Language Guidelines for Project Plans (9/08)
PE-221T Town TIF Districts Timeline for Creation (9/08)
60.85 Law Composite Town Tax Increment Law (7/09)
NAICS Summary of Eligible Projects for Town TIF (9/08)
Checklists Description
PE-109 TID Base Year Packet Checklist (9/08) - will identify the forms needed.
PE-222 TID Creation Resolution Checklist (9/08) - identifies findings that the local government body must contain in their resolution.

One set (of the forms listed below) must be completed for creation of each new 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-601A TIF Base Year Personal Property List (6/08) | Fill-In Form
PE-605T Town TID Legal Requirements Base Year(7/08) | Fill-In Form
PE-606 Equalized Value Determination Request (9/08) | Fill-In Form
PE-608 TID Parcel List Locally Assessable Property (6/08) | Fill-In Form
PE-608M TID Manufacturing Real Property List (7/08) | Fill-In Form
PE-608MP TID Manufacturing Personal Property List (7/08) | Fill-In Form
PE-615A Statement of Assessment (7/08) | Fill-In Form
PE-617A Tax Incremental District Assessor's Final Report Base Year Valuation (9/08) | Fill-In Form
PE-619 TID Parcel List - Municipal Owned Property (7/08) | 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 July 23, 2009