Tax Incremental Finance (TIF) - Parcels

Secs. 60.23(32), 60.85, 66.1105, and 66.1106, Wis. Stats.

  1. Can parcels be added to the Tax Incremental District (TID) after the hearing notices are published?

  2. How much detail is needed in the boundary description provided to the Wisconsin Department of Revenue (DOR)?

  3. How much detail is needed in the TID map provided to DOR?

  4. Who is responsible for valuing and classifying a TID's land and buildings?

  5. A TID must contain contiguous properties; however, can a municipality omit parcels from the TID's center?

  6. When two parcels are diagonal (kitty corner) from each other, is this contiguous?

  7. If the TID crosses a highway, river or railroad right-of-way, is this contiguous?

  8. What is the difference between a railroad-owned parcel and a railroad right-of-way?

  9. Can a parcel (exempt or non-exempt) be partially in a TID?

  10. Can a municipality combine two parcels if one parcel is in the TID and the other parcel is outside the TID?

  11. If property owned by a utility company is included in a TID, is the property exempt?

  12. How should a municipality indicate that wetlands are excluded from the TID?

  13. What are "lands proposed for newly platted residential use?"

  14. What TID types can include costs for lands proposed for newly platted residential property?

  15. Is a road/highway included in the calculation determining the 35 percent residential use in mixed-use TIDs?

  16. In a mixed-use TID, does the housing density calculation include exempt property?

  17. For the 35 percent limit on lands proposed for newly platted residential use, is an assisted living building considered a residential use?

  18. Can a TID's boundaries be set based on something that will happen in the future?

  19. Do projects within a TID have to follow local zoning?

  20. For mixed-use TIDs, does the land need to be zoned correctly before the adopting the creation resolution?

  21. In an industrial TID, do all the parcels need to be zoned industrial?


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