Powers of Municipalities FAQ 7

Does a village have the power to create a Tax Incremental Financing District under Wis. Stat. sec. 66.1105?

Yes.  Villages are authorized to create a TIF District. However, the authority is not found in the TIF law provisions of sec. 66.1105. Instead, the statutory authorization is located in sec. 66.1339 which provides, in part, that a village is to have all of the powers of a city under sec. 66.1105.

(rev. 1/14)