Tax Incremental Finance (TIF) - Allocation Amendments

Secs. 66.1105 and 66.1106, Wis. Stats.

  1. Can a municipality allocate increment between its Tax Incremental Districts (TIDs) with different overlying taxing jurisdictions?

  2. Which TID project plan should a municipality amend to allocate increment from one TID to another, the Donor TID or Recipient TID?

  3. If a municipality amends both TID #1 and TID #2 to share with TID #3, how many project plans are needed?

  4. After a municipality completes an allocation amendment, can the municipality decide not to allocate the funds?

  5. If a Donor TID paid off all its project costs, can it stay open solely to allocate to another TID?

  6. When can an allocation transfer take place?

  7. Are allocations made to other TIDs considered a project cost?

  8. Can allocations be made after the expenditure period?

  9. Which TID type can allocate to another?



Certification statement


FOR QUESTIONS OR COMMENTS CONTACT:

MS 6-97
WISCONSIN DEPARTMENT OF REVENUE
Office of Technical and Assessment Services
PO Box 8971
Madison, WI 53708-8971
Phone: (608) 266-7750
Email additional questions to ​tif@wisconsin.gov