Tax Incremental Finance (TIF) - Project Costs

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

  1. What are eligible project costs?

  2. Do eligible costs include capitalized interest, other costs of issuing debt, and refinancing temporary debt for the Tax Incremental District (TID)?

  3. Who determines if project costs are eligible?

  4. Can a municipality reduce the costs of one project in a plan and use that amount for another project not in the plan?

  5. Can a municipality add projects without adding territory?

  6. For mixed-use TIDs, are there restrictions on the project costs' percentage?

  7. What are non-project costs?

  8. Can a municipality include projects within a half-mile radius of the TID?

  9. Is a property tax refund an eligible TID project cost?


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