City/Village Tax Incremental Finance (TIF) (Sec. 66.1105, Wis. Stats.)
Base Year Packet

All of the forms needed to complete a Tax Incremental District (TID) creation application packet are available below. In addition to the forms that list the valuation information for the property within the TID, there are checklists and several helpful publications that explain the TIF procedure. It is essential that you complete the application packet accurately; mistakes could mean that your TID does not get certified.

The Department of Revenue (DOR) uses the information on the forms to establish the district's base value and to verify that proper legal procedures were followed. When completing these forms, use consistent identification numbers on the forms and on the required maps. For TIDs created after October 1, these forms must be completed and submitted to DOR on or before October 31 of the following year based on the creation date. The process of certifying base values does not begin until after January 1 of the year following creation.

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-207 A Guide to Wisconsin's Tax Increment Law - Creating a District (4/13)
PE-212 Tax Incremental Finance - An Intergovernmental/Private Partnership (9/08)
PE-213 Municipal (City/Village/Town) TIF - Joint Review Board Information (8/13)
PE-215 Municipal (City/Village/Town) TIF - Common Language Guidelines for Project Plans (9/08)
PE-221 Municipal TIF Districts Timeline for Creation (10/10)
66.1105 Law Composite Tax Increment Law (12/11)
Checklists Description
PE-109 TID Base Year Packet Checklist (3/13) - identifies the forms needed.
PE-222 TID Creation Resolution Checklist (11/10) - identifies findings that the local government body must contain in their resolution.

Complete and return the appropriate forms for creating a TID to:

Wisconsin Department of Revenue
Attn: Office of Technical and Assessment Services
Mail Stop 6-97, P.O. Box 8971
Madison, WI 53708-8971
Phone (608) 266-5708
Fax (608) 264-6897
E-mail - tif@revenue.wi.gov

Last updated August 24, 2013