Municipal Tax Incremental Finance (TIF) (sec. 66.1105, Wis. Stats.) Project Plan and/or Allocation Amendments

Project Plan Amendment

(sec. 66.1105(4)(h), Wis. Stats.)

  • Add projects not included in the original plan (ex: half mile radius, developer incentives, etc.)
  • Project plan amendment resolution must be adopted before expenditure period ends
  • No limit on number of project plan amendments per TID
  • Does not change the expenditure period, base value or maximum life of the Tax Incremental District (TID)

Allocation with Project Plan Amendment

(sec. 66.1105(6)(f), Wis. Stats.)

  • Certain donor and recipient requirements (see Allocation Fact Sheet below)
  • Allocation amendment resolution must be adopted before expenditure period ends
  • Only update the donor TID's project plan
  • Does not change the expenditure period, base value or maximum life of the TID

Due date/process

  • Municipal resolution can be adopted anytime during the year
  • All TID documents due to Wisconsin Department of Revenue (DOR) by December 31 of the amendment year
  • DOR approves project plan and/or allocation amendments upon receipt of the municipality's form and supporting documents

Forms
PE-605AProject Plan and/or Allocation Amendment - Legal Requirements

Publications/Information
TID Checklist - required forms to complete and documents to provide
TIF Public Notices – information on public notices
Resolution Checklist – identifies required resolution information
Guidelines for Project Plans – required project plan information
TIF Manual – TIF reference guide
Allocation Fact Sheet – donor to recipient transfers allowed by TID type

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