Project Plan Amendment
(sec.
66.1105(4)(h), Wis. Stats.)
- Add projects not included in the original plan (ex: half mile radius, developer incentives, etc.)
- Adopt project plan amendment resolution before the expenditure period ends
- No limit on number of project plan amendments per TID
- Does not change the Tax Incremental District's (TID's) expenditure period, base value or maximum life
Allocation with Project Plan Amendment
(sec.
66.1105(6)(f), Wis. Stats.)
- State law provides donor and recipient requirements/restrictions (see
TID Allocation Amendment Types)
- Adopt allocation amendment resolution before donor TID's maximum or extended life
- Only update the donor TID's project plan
- Does not change the TID's expenditure period, base value, or maximum life
- Funds may be transferred to the recipient TID until the donor TID reaches its maximum or extended life
- Indicate the estimated allocation amount in the public hearing notice
Due date/process
- Follow the
TID Checklist
- Adopt the municipal resolution anytime during the year
- Notify tif@wisconsin.gov within
60 days after adopting the amendment resolution
- Email required documents to tif@wisconsin.gov by
December 31 of the amendment year:
- DOR emails an approval letter after reviewing the required documents
Forms |
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PE-605A | Project Plan and/or Allocation Amendment – Legal Requirements |
Contact Us
MS 6-97
Wisconsin Department of Revenue
Office of Technical and Assessment Services
PO Box 8971
Madison, WI 53708-8971
Phone: (608) 266-7750
Email: tif@wisconsin.gov