Tax Increment Financing

On October 21st, 2008 the Village Board approved three ordinances creating the Central Redevelopment Project Area TIF.  The Central TIF, located along the boundary of Interstate 90 on the southwest, Riemer Way on the east and Higgins Road on the north, will help to fund a number of infrastructure improvements in both Industrial Parks.  The Central TIF includes the economic and historical cores of the village.  The TIF Redevelopment Plan for the Central TIF spells out the potential improvements in the area.  Potential infrastructure improvements include the extension of water and sewer, road reconstruction and streetscape improvements.

TIF Redevelopment Plan Get all the information about the TIF Redevelopment Plan & Project Central Redevelopment Project Area » View TIF Plan		Maps View maps of the TIF Redevelopment Plan and Redevelopment Project Area » View Maps
TIF Questions and Answers View answers to common questions regarding the TIF Redevelopment Plan & Project Central Redevelopment Project Area » View TIF Q&A		TIF Reports and Project Updates   View the TIF Redevelopment annual reports and updates on the status of the project. » View Reports