Tax Incremental Finance (TIF) - Annexations

Sec. 66.1105, Wis. Stats.

  1. Can the municipality create a Tax Incremental District (TID) that includes annexed parcels before approving the annexation?

  2. What additional documents does a municipality have to submit to the Wisconsin Department of Revenue if a TID creation or territory amendment includes annexed parcels?

  3. If annexed property is included in a TID and a court later reverses the annexation, how is the TID affected?

  4. If a town is annexed (absorbed) by a city before a TID created under a cooperative agreement reaches its maximum life, can the city continue to collect the increments to pay for the town projects?


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