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AUBURN HILLS MEETING SCHEDULE 2483709402 | WWW.AUBURNHILLS.ORG January 2020 DAYTITLETIME6City Council Workshop5:30PM6City Council Meeting7:00PM8Planning Commission7:00PM9Zoning Board of Appeals4:00PM13Downtown

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Gather all required documents and forms related to the tax increment finance authority.

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Submit the filled-out forms to the appropriate governing body or authority for review and approval.

Who needs tax increment finance authority?

01

Developers looking to fund infrastructure improvements in blighted areas.

02

Municipalities seeking to stimulate economic development and job growth.

03

Community development organizations working to revitalize distressed neighborhoods.

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What is tax increment finance authority?

Tax Increment Finance Authority (TIFA) is a public financing method used to subsidize redevelopment, infrastructure, and other community-improvement projects.

Who is required to file tax increment finance authority?

Local governments or municipalities are typically required to file TIFA reports.

How to fill out tax increment finance authority?

To fill out TIFA reports, you need to gather financial information related to the tax increment financing district and report it to the appropriate agency.

What is the purpose of tax increment finance authority?

The purpose of TIFA is to promote economic development and revitalization in blighted or underdeveloped areas by using increased property tax revenues to fund projects.

What information must be reported on tax increment finance authority?

TIFA reports typically include information on property tax revenues, expenditures, and project progress within the tax increment financing district.

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