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TIF FAQs for Counties

The following section provides information for counties on Tax Increment Financing (TIF), a financing mechanism for Urban Renewal. To find the information you are looking for, you can enter a partial question below and click "submit" or page through the questions listed.

An Urban Renewal Area was created during the last fiscal year, and has not incurred any debt - do I need to complete the report on this new UR area?

Are the completed reports available for public view?

Can an Urban Renewal Area be designated as both economic development and slum/blight?

Can you use excess revenue received for a previously certified and paid debt to pay down internal loan principal rather than returning the money to the treasurer?

Does the LMI requirement stay the same as when the TIF area was first approved and stated in the original document, or does that fluctuate over the duration of the TIF project?

Does the Public Building Feasibility Analysis need to be done for Infrastructure / Street Improvements?

Does your city or county need to submit an Annual Urban Renewal Report?

How do I access the Annual Urban Renewal Report?

How do you submit the report?

How is the report approved - motion or resolution?

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Printed from the website on January 18, 2021 at 4:40pm.