What is TIF?
Tax Increment Financing (TIF) is a powerful tool that enables municipalities to self-finance its redevelopment programs. TIF funds can pay for public improvements and other economic development incentives using the increased property tax revenue the improvements generate.
To learn more about legislation governing TIF, visit the Illinois Tax Increment Association by clicking here.
Several municipalities in Livingston County have established TIF districts to encourage industrial and commercial development. Find a TIF map in your area below.