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

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

Project Plan Amendment

Under a Project plan amendment, you can 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

Checklists – follow when completing the packet
PE-109 TID Project Plan Amendment Checklist – lists the forms you need to complete
Forms – complete with valuation information for the property within the TID
PE-605A Project Plan and Allocation Amendment - Legal Requirements
Publications Description
PE-207T Guide to Wisconsin's Tax Increment Law - Creating a Town District
PE-221AT Town TIF Districts Timeline for Amending Project Plans – describes the steps involved in adopting amended plans

Territory Amendment

You may add additional territory only once during the TID's first five years. The value of the new parcel(s) is added to the original base.

Due date/process

Checklists – follow when completing the packet
PE-109 TID Project Plan Amendment Checklist – lists the forms you need to complete
Forms Description
Excel Format This Excel workbook contains all the necessary forms. For best results, open the workbook, save it to your computer and then complete the forms.
PE-605A Project Plan and Allocation Amendment - Legal Requirements
Publications Description
PE-207T Guide to Wisconsin's Tax Increment Law - Creating a Town District
PE-221AT Town TIF Districts Timeline for Amending Project Plans – describes the steps involved in adopting amended plans

To send your completed forms by email, click the Attach Documents button. Attach Documents
Note: This opens an email to attach the files.

Complete and return the appropriate forms to:

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

Page last updated July 3, 2014