Nida Shakir and Hal Karas, Author at BizTimes

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BizTimes Milwaukee

Towns in Wisconsin gain TIF district authority

Tax incremental financing (TIF) allows cities or villages to finance most commercial development in designated areas of a municipality to promote a tax base expansion and economic development. Under this process, a city or village (with approval of its joint review board) creates a tax incremental district (TID) in a qualifying area of the municipality.

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