• State law requires municipalities with active TIDs to file an annual report for each TID by July 1
• E-file with the Wisconsin Department of Revenue (DOR) in MyDORGov
• If you are not a clerk or clerk/treasurer, you must request access to file this form through MyDORGov
• Reported items include general information, beginning fiscal balance, revenues, expenditures, future costs, future revenue, ending fiscal balance, and levy increase attributed to TID net new construction
• Future costs and future revenue are estimates based on the remaining life of the TID. Refer to a recent cash flow statement or the project plan for more information.
• Joint Review Board must meet by July 1 (or when the report is available) to review each TID's annual report, performance, and status
• Municipality must provide each overlying tax jurisdiction a copy of the annual report by July 1
• Under state law, DOR must charge a municipality $100 per day for each TID Annual Report not filed within 60 days of July 1
• Blank Form PE-300

State law:

• 60.85(8)(c), Wis. Stats.
• 66.1105(6m)(c), Wis. Stats.
• 66.1106(10), Wis. Stats.​
  

For Town and Municipal TIDs, CPA audits are required at least three times during the TID's life, no later than 12 months after:

• 30% of total project expenditures
• End of expenditure period
• Termination of the district

For Environmental Remediation TIDs created before November 2017, a CPA audit is required at least once during the TID's life, no later than 12 months after:

• Termination of the district

The CPA must determine if all financial transactions comply with state law. The municipality must save the audit in its TID files and does not need to send it to DOR.

State law:

• 60.85(8)(b), Wis. Stats.
• 66.1105(6m)(b), Wis. Stats.
• 66.1106(10)(c), Wis. Stats.