Town Tax Incremental Finance (TIF) (Sec. 60.85, Wis. Stats.)
Territory Amendment Packet
(for parcels that are being added)

A Town Tax Incremental District (TID) can add parcels only once during the first five years after the Town TID has been created.

These must be completed and submitted to the Department of Revenue (DOR) on or before December 31st based on the amendment resolution date. DOR uses the information on these forms to establish the Town TID's amended base value and to verify that proper legal procedures were followed.

Forms Description
Excel format Contains all of the necessary forms. The best practice is to open the workbook, save it to your computer (remember location), and then go offline to complete the forms.
  Tax Incremental Financing Remittance Fee
Note: All fees will be transmitted electronically through "My Tax Account." Upon notification that a TID has been created, a bill will be generated in "My Tax Account" for payment.
Publications Description
PE-207T A Guide to Wisconsin's Tax Increment Law - Creating a Town District (4/13) - has detailed information on required class 2 notices in accordance with ch. 985 of the Wisconsin Statutes.
PE-221AT Town TIF Districts Timeline for Amending Project Plans - lays out the steps involved in adopting amended plans.
Checklist Description
PE-109 TID Project Plan Amendment Checklist - a step-by-step list to make sure you have completed all the necessary forms and resolutions.

Please complete and return the appropriate forms for creating a TID 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