Municipal Tax Incremental Finance (TIF) Extensions

Secs. 66.1105(7)(am) and 66.1105(6)(g), Wis. Stats.

Extension type – resolution required

A municipality may extend the life of a Tax Incremental District (TID) using any (or all) the extension types.

  1. Affordable housing extension – Municipal resolution
  2. Standard extension – Joint Review Board (JRB) resolution
  3. Technical college extension – JRB resolution

Extension information

A municipality must adopt an extension resolution before:

  • TID reaches its maximum life date
  • Adopting a TID termination resolution

General

  • The municipality must email the approved resolution to the Wisconsin Department of Revenue (DOR)
  • The municipality does not need to:
    • Update the TID's project plan
    • Follow the TID amendment process
  • Extensions do not change the expenditure period; it still ends five years before the TID’s maximum life date
  • After the extension period ends, the municipality must adopt a separate termination resolution

Sample Resolutions

A municipality may use one of these fill-in resolutions or its own version. Email the adopted resolution to tif@wisconsin.gov.

Affordable Housing Extension Resolution Sample
Standard Extension Resolution Sample
Technical College Extension Resolution Sample

Publications/Information
TID Extension Types - Information on each type of extension
Common Questions – Questions and answers on TID extensions
TIF Manual – TIF reference guide (p. 21)

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