Tax Increment Finance Districts
Tax Increment Finance Districts are a tax increment structure established in 2002 and 2005 that blankets a larger number of sites, typically centered on neighborhood business districts. The increment collected in these districts can be used to make public improvements that benefit or serve the district in which the increment was collected. The city has 35 tax increment districts and in some cases will create a TIF specific to a project.
Below is a map indicating where the city’s tax increment districts are located, as well as the district’s revenue, expenses, and fund balance.
TIF District Creation Process
TIF Districts – Summary & FAQs