Tax Incremental Finance (TIF) (sec. 60.85, Wis. Stats.) Town Creation

​​​​To create a Tax Incremental District (TID), email the required documents to tif@wisconsin.gov. The Wisconsin Department of Revenue (DOR) uses this information to establish the district's base value and verify the municipality followed state law.

State law allows towns to use TIF only for specific agricultural, forest, manufacturing, and tourism projects. For more information, review Eligible Projects for a Town TID.

Due dates/process

  1. Follow the TID Checklist​
  2. Adopt the municipal resolution by September 30 of the creation year
  3. Notify tif@wisconsin.gov within 60 days after adopting the creation resolution
  4. Email required documents to tif@wisconsin.gov by December 31 ​of the creation year:
  5. Pay the one-time DOR creation fee in My Tax Account by October 31 of the creation year
  6. DOR emails a certification letter before March​ of the year after the creation year
  7. Code the TID number to the tax/assessment roll property after receiving the certification letter

​Forms​
PE-605TID Creation – Legal Requirements
Base Value WorkbookUse this Excel workbook to list the TID property, January 1 assessme​​nt values and taxing jurisdictions affected by the TID. For best results, open the workbook, save it to your computer and then complete the forms.
​
​

​ ​
​ Publications/Information
TID Checklist – required forms to complete and documents to provide
TID Creation Timeframes – provides timeframes for fees, increment, and values
TIF Public Notices – information on public notices
Resolution Checklist – required resolution information
Guidelines for Project Plans – required project plan information
TIF Manual – TIF reference guide

​​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

​ ​
​