City/Village Tax Incremental Finance (TIF) Manual

The Manual describes the TIF statutes, rules, and processes. Examples of the information that is provided in the TIF Manual includes the following:

• The purpose and impact of a Tax Incremental District (TID).
• The process to create or amend a TID.
• The role of the municipality, the Joint Review Board (JRB), and the Department of Revenue (DOR).

The Manual is only available online and contains six chapters. Listed below are links to the sections of each chapter. DOR periodically updates the Manual and use of the online version will ensure that you have a current version. Any questions regarding the Manual or TIF should be sent to tif@revenue.wi.gov.

Chapter 1 -- General Background 1.1 What is TIF? 1.2 How does it work? 1.3 Summary Statistics 1.4 Recent Changes 1.5 TIF Glossary Chapter 2 -- Rules & Statutes 2.1 TIF Creation 2.2 TIF Amendment 2.3 TIF Maintenance 2.4 TIF Termination Chapter 3 -- JRB Guide 3.1 Membership 3.2 Responsibilities 3.3 Miscellaneous Chapter 4 -- DOR Role 4.1 Statutory Responsibilities 4.2 DOR Review 4.3 Substantial Compliance

Chapter 5 -- Effects on Taxpayers and Overlying Jurisdictions 5.1 The "but for" test 5.2 Risks to Municipalities 5.3 Intergovernmental Cooperation/Boundary Agreements 5.4 Effects on Other Taxing Jurisdictions Chapter 6 -- Common Questions General What to Consider before Creating a TID Creation Project Expenditures Municipal-Owned Property Parcels, Overlaps and Annexations Municipal Expenditures and Debt Value Limit Test Project Plan Public Notices Joint Review Board (JRB) Developer's Agreement Tax Increments - How are they Paid? Amendments - Territory and Allocation Accounting Reports, Audits and Terminations

Last updated April 27, 2012