Maintain TIF District Revenue Objects
Description
A TIF district can include all the properties within one or more TAGs; or it could include only selected properties determined by some specific set of criteria, such as commercial properties. Use this process to maintain a TIF district by adding and removing revenue objects individually and in groups.
Jurisdiction Specific Information
Steps
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Select the Beginning year (or tax year, depending on your state).
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Select theEffective date that the properties are associated with or removed from the TIF.
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Select the Action describing what you want to do. You can add or delete individual properties or add or delete all properties in a TAG. The next step depends on whether you are working with individual properties or entire TAGs.
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Enter a PIN and click Add to add it to the list or click Search to use the Records Search to find revenue objects. When you return to this screen, the revenue objects you selected are added to the Properties to Add panel.
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To remove properties, select the checkbox in the Properties to Add panel for each revenue object you are removing.
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Click Remove to remove any items from the list. This does not remove any items if deleting properties. It only deletes them from the list.
NOTE: You are removing properties from the TIF only, which does not recalculate any taxes.
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Check the checkbox next to the properties you are adding and click Queue Process to submit the process of adding or deleting revenue objects to the Monitor Batch Processes screen. After the process is complete, a log file is available listing the properties which were added/deleted.
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Click List to return to Search for TIF Districts.
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Click Close to end the task.
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Tips
TAGs must have been associated with the TIF district on Maintain TIF Participation in order to be able to select revenue objects in them here.