Town Tax Incremental Finance (TIF) (sec. 60.85, Wis. Stats.) Amendment

Under state law (sec. 60.85, Wis. Stats.), towns have limited authority when creating a Tax Incremental District (TID). Municipalities may amend the district in two ways - by creating a Project plan or Territory amendment.

Project Plan Amendment

Under a Project plan amendment, a municipality may add project costs that were not included in the original plan. This does not affect the project implementation period, base value or the TID's maximum life.

Due date/process

  • Submit the application form and supporting documents to DOR by December 31
  • DOR certifies project plan amendments after we receive your application form and supporting documents

Application Forms
PE-605AProject Plan and Allocation Amendment - Legal Requirements

Attach Documents

To send your completed forms and supporting documents by email, click "Attach Documents."




Publications/Information
TID Application Checklist - lists the documents you need to submit
Common Language Guidelines for Project Plans
Tax Incremental Finance (TIF) Public Hearing Notices


Territory Amendment

A municipality may add territory only once during the TID's first five years. The value of the new parcels is added to the original base.

Due date/process

  • If the municipal resolution is adopted by September 30, submit the application forms and supporting documents to DOR by December 31
  • DOR certifies the amended base value after January 1 of the year following the amendment
  • Tax Incremental Financing Remittance Fee – after notifying DOR of the amended TID, we will issue a bill through "My Tax Account"

Application Forms
PE-605TTID Territory Amendment - Legal Requirements
Base Value WorkbookThis Excel workbook contains all the necessary forms to document the property and taxing jurisdictions affected by the TID. For best results, open the workbook, save it to your computer and then complete the forms.

Attach Documents

To send your completed forms and supporting documents by email, click "Attach Documents."




Publications/Information
TID Application Checklist - lists the documents you need to submit
Tax Incremental Finance (TIF) Public Hearing Notices
Tax Incremental Finance Manual
Common Language Guidelines for Project Plans

FOR MORE INFORMATION PLEASE CONTACT:

MS 6-97
WISCONSIN DEPARTMENT OF REVENUE
Office of Technical and Assessment Services
PO Box 8971
Madison, WI 53708-8971
Phone: (608) 261-5335 or (608) 266-5708
Email additional questions to ​tif@wisconsin.gov