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ALTON RESIDENTIAL TAX INCREMENT FINANCE GRANT PROGRAM CITY OF ALTON, ILLINOIS Department of Development and Housing 101 E Third Suite 202 Alton, Illinois 62002Telephone: (618) 4633801 Email: permits

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How to fill out alton residential tax increment

01

Step 1: Obtain a copy of the Alton Residential Tax Increment (RTI) form.

02

Step 2: Fill in your personal information, including your name, address, and contact details.

03

Step 3: Provide information about the property for which you are seeking the tax increment, such as the address and legal description.

04

Step 4: Indicate the purpose for which you are applying for the tax increment, such as property improvements or rehabilitation.

05

Step 5: Provide any necessary supporting documentation, such as building plans or estimates of repair costs.

06

Step 6: Sign and date the form.

07

Step 7: Submit the completed form and supporting documents to the appropriate tax authority in Alton.

Who needs alton residential tax increment?

01

Individuals who own residential properties in Alton and are planning to make improvements or rehabilitate their properties may need the Alton Residential Tax Increment.

02

Businesses or developers who are undertaking residential development projects in Alton may also need the tax increment to support their projects and take advantage of potential tax incentives.

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What is alton residential tax increment?

Alton residential tax increment is a tax levied on residential properties in the city of Alton.

Who is required to file alton residential tax increment?

All residential property owners in Alton are required to file the tax increment.

How to fill out alton residential tax increment?

To fill out the alton residential tax increment, property owners need to complete the required forms provided by the city and submit them along with any necessary documentation.

What is the purpose of alton residential tax increment?

The purpose of alton residential tax increment is to generate revenue for the city to fund various public services and infrastructure projects.

What information must be reported on alton residential tax increment?

Property owners must report the value of their residential properties, any renovations or improvements made, and other relevant financial information.

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