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SANITARY DISTRICT #2 MEETING AGENDA DATE: TIME: LOCATION:Monday, April 22, 2019, Immediately Following Sanitary District #1 Greenville Town Hall, W6860 Park view Drive, Greenville, WI 54942OPENING: 1.CALL
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Tax Incremental District 1 (TID 1) is a designated area in which property tax revenues are used to finance public infrastructure improvements that are expected to enhance property values and stimulate economic development.
Entities that create or operate a Tax Incremental District, including municipalities and developers involved in the development within the TID, are typically required to file tax incremental district 1.
To fill out tax incremental district 1, follow the guidelines provided by the local tax authority, include required financial data, project descriptions, and ensure all necessary signatures are obtained.
The purpose of tax incremental district 1 is to promote economic development by funding infrastructure projects that attract private investments and increase property values within the district.
Information required includes project costs, funding sources, property value increments, ongoing revenues, development plans, and timelines.
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