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Local Governments and School Districts Blog

Town’s TIF Participation Expanded

Authored by Kevin J.T. Terry
Posted on December 1, 2015
Filed under Local Governments and School Districts

On November 11, 2015, Governor Walker signed 2015 Wisconsin Act 96 which authorizes towns to participate in multijurisdictional tax incremental financing districts.

Wisconsin Statute Section 66.1105(18)(c) was amended to read “Any town which may create a tax incremental district under this section or Section 60.85 may be part of a multijurisdictional tax incremental district. If a town board exercises the powers of a city under this subsection, it is subject to the same duties as a common council under this section and the town is subject to the same duties and liabilities as a city under this section.”

The change to the law became effective on November 13, 2015. If you have questions about your Town’s TIF options, please contact me or Dean Dietrich at 715.845.4336.