​ Sec. 60.23(32), Wis. Stats.

1. Are the procedures (ex: notices, public hearings, resolutions) for creating a town TID under state law (sec. 60.23, Wis. Stats.), different from those for a city or village?


2. What additional requirements must a town meet compared to a city or village when creating a TID under sec. 60.23, Wis. Stats.?


3. State law (sec. 60.23(32)(f)2., Wis. Stats.) requires the town to select option (a), (b) or (c). What impact do these three options have on the project plan?


4. Is debt service included in the timeframe for Option (b) or Option (c)?


5. Does a town have to choose option (a), (b) or (c) each time it amends a TID, or do the options only apply when creating a TID?


6. What limitation percentage affects a town?


7. Can a town TID still be created under sec. 60.85, Wis. Stats.?

1. Are the procedures (ex: notices, public hearings, resolutions) for creating a town TID under state law (sec. 60.23, Wis. Stats.), different from those for a city or village?
   
   

   No. The procedures are the same because the town chose to exercise all powers of a city, under sec. 66.1105, Wis. Stats. See the TID Checklist.



2. What additional requirements must a town meet compared to a city or village when creating a TID under sec. 60.23, Wis. Stats.?
   
   

   There are three additional requirements:

   1. Prior year equalized value — must be at least $500 million​
   2. Prior year population — must be at least 3,500 based on the Wisconsin Department of Administration's most recent Annual Population Estimates
   3. Sewer service — is or will be provided before use or operation of any improvements
   
   

   Note:

   • ​The prior year is the year before the town board adopts the creation resolution
   • The project plan should show that the town meets these requirements



3. State law (sec. 60.23(32)(f)2., Wis. Stats.) requires the town to select option (a), (b) or (c). What impact do these three options have on the project plan?
   
   

   Option (a) — (sec. 60.23(32)(f)2.a.)

   • At least 51% of the public infrastructure improvement value must be financed by a private developer or entity
   • Development agreement is required to receive cash grants which will solely repay the developer or entity for public infrastructure costs
   
   

   Option (b) — (sec. 60.23(32)(f)2.b.)

   • Town expects all project costs to be paid within 90% of the TID's remaining life
   
   

   Option (c) — (sec 60.23(32)(f)2.c.)

   • Expenditures may be made only within the first half of the TID's remaining life
   • Joint Review Board can approve additional expenditures; however, the vote must be unanimous, and the expenditures cannot exceed the original expenditure period
   
   


4. Is debt service included in the timeframe for Option (b) or Option (c)?
   
   

   Option (b) — the creation project plan must demonstrate the TID will have sufficient revenue to pay off debt and all project costs within 90% of the TID's maximum life. After all project costs are paid, the TID must terminate.

   Option (c) — the municipality may only take on project costs within the first half of the TID's remaining life. Debt payments may continue through the TID's maximum life.



5. Does a town have to choose option (a), (b) or (c) each time it amends a TID, or do the options only apply when creating a TID?
   
   

   A town must select an option (a, b, or c) when creating the TID, and document the selection in the project plan. If the town completes an amendment, it must reconfirm the TID's original creation option or select a different option.



6. What limitation percentage affects a town?
   
   

   12% — if the TID is created under sec. 60.23, Wis. Stats., the 12% limitation is used because the town chose to exercise all powers of a city under sec. 66.1105, Wis. Stats.

   5% or 7% — if the TID is created under sec. 60.85, Wis. Stats., the 5% or 7%​ limitation is used.

   See the Value Limit Common Questions for more information.



7. Can a town TID still be created under sec. 60.85, Wis. Stats.?
   
   

   Yes. A town may create a TID under sec. 60.85, Wis. Stats. For more information, review the Town Creation web page.