Tax Incremental Finance (TIF)

Joint Review Board (JRB)

  1. How soon can a JRB act after the local governing body acts?
  2. Must a Tax Incremental District (TID) creation or plan amendment have unanimous JRB approval?
  3. When must the initial JRB meeting be held?
  4. Is the JRB required to post a public hearing notice?
  5. If there are two lake districts in a TID, which one gets a representative on the JRB?
  6. If there is an elementary and union high school district, which one gets a representative on the JRB?
  7. If creating a TID with two counties, which county has a representative on the JRB?

  1. How soon can a JRB act after the local governing body acts?

    The JRB may act as soon as it receives the resolution from the local governing body, however, it must act within 30 days.

  2. Must a Tax Incremental District (TID) creation or plan amendment have unanimous JRB approval?

    No, only a majority vote is required.

  3. When must the initial JRB meeting be held?

    The initial JRB meeting should be held before the public hearing, but no more than 14 days after the 1st hearing notice is published.

  4. Is the JRB required to post a public hearing notice?

    Yes, a class 1 notice for all meetings held by a JRB shall be published at least 5 days before the meeting.

  5. If there are two lake districts in a TID, which one gets a representative on the JRB?

    Neither, only the school, county, technical college and municipality can appoint JRB members, and those four choose a public member.

  6. If there is an elementary and union high school district, which one gets a representative on the JRB?

    A representative from the elementary school and one from the union high school will share one seat and each have one-half a vote.

  7. If creating a TID with two counties, which county has a representative on the JRB?

    The county with the greatest value in the district shall choose the representative to be on the JRB.

For additional information, see PE-213, Joint Review Board Information.

FOR MORE INFORMATION PLEASE CONTACT:

Wisconsin Department of Revenue
Attn: Office of Technical and Assessment Services
PO Box 8971, MS 6-97
Madison, WI 53708-8971
Phone (608) 266-5708
Fax (608) 264-6897
Email additional questions to tif@revenue.wi.gov

August 19, 2013