Municipal Tax Incremental Finance (TIF) Termination

Sec. 66.1105(7), Wis. Stats.

A municipality must adopt a Tax Incremental District (TID) termination resolution when one of the following occurs:

When a municipality adopts a resolution to terminate a TID, the municipality must:


Forms
TID Termination Resolution SampleFill-in resolution. Email adopted resolution to DOR within 60 days.
Terminated TID Final Accounting Submission Date Agreement (Form PE-223)Form confirms termination dates and establishes the date to e-file the TID Final Accounting Report. Email the completed agreement to DOR.
TID Final Accounting Report (Form PE-110)Form documenting total expenditures and revenues for the TID. E-file the form using My DOR Government Account.

Publications/Information
TID Termination Timeframes - Important dates for the termination process
TIF Manual – TIF reference guide

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