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dceo > Business Assistance > Business Development > Tax Assistance
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Title
 Tax Increment Financing District (TIF)
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Short Description
 Illinois law allows units of local governments the ability to designate areas within their jurisdiction as TIF districts.  These specially designated districts are used by local governments as a way to spur economic growth by dedicating the sales tax revenues and additional property tax revenues generated with in the TIF for improvements within the district with the hope of encouraging new economic development and jobs.
 
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 Description

For more information please click on one of the links below.

TIF/Illinois Department Of Revenue

Illinois TIF Association

Or for further information please contact:
Illinois Department of Commerce
& Economic Opportunity
Bureau of Business Development
620 East Adams,
Springfield, Illinois 62701
Tel  217-785-6145
TDD 800-785-6055
 
 
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