Tax Incremental Finance (TIF) - Project Plan

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

  1. Does a municipality need to complete all projects in the plan?

  2. Are there any projects outside the Tax Incremental District (TID) that can be paid with tax increments?

  3. If the Planning Commission denies a municipality's proposal to create a new TID, can the local legislative body overrule the Planning Commission and approve the TID?

  4. Does a municipality need to amend a project plan if an unanticipated development occurs?

  5. How long does it take to amend a project plan?

  6. If a municipality amends a project plan, can the municipality incur costs for a newly platted residential development?

  7. Does a municipality need to conduct a new economic feasibility study when it amends a project plan?

  8. Can the municipality add projects or costs to the plan after the public hearing notice is published?


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