Tax Increment Financing (TIF) Board

The goal of the Tax Increment Financing Districts is to fund the construction of needed public infrastructure and to encourage private development that will yield additional tax revenue to all local taxing jurisdictions. TIF districts promote the creation of commercial development consisting of retail, office, hotel, and residential development.

The Board of Directors makes recommendations to the governing body of the municipality that created the zone concerning the administration of the zone. The governing body of the municipality by ordinance or resolution may authorize the Board to exercise any of the municipality’s powers with respect to the administration, management, or operation of the zone or the implementation of the project plan for the zone.

Agendas and Minutes