Tax Increment Financing
Tax Increment Financing
(TIF) is a financing mechanism that is used to "capture" the property taxes
attributable to increases in assessed value (AV) resulting from new private
development within a particular area.
The increased property taxes that
will be generated from the new development (real and/or depreciable personal
property) are used to finance infrastructure improvements or other incentives
that are needed to induce a particular private development or that will
be needed to facilitate additional development in an area being developed
or redeveloped.
For further information please refer
to Title 50 Article 8 of the Indiana Administrative Code or call Charlene Decker
at 812/435-5464.
In order to view the map of Vanderburgh County TIF Areas, you must first have the Adobe Acrobat Reader installed on your machine. Should you need the reader, we have provided a link to the left.
To see a map of the TIF areas in Vanderburgh County, use this link to the County Assessor's GIS site and follow these instructions:
- On the top right site of the website, click on the Toggle Layers Icon (
).
- Open the Base Layers by clicking on the plus sign.
- Open Misc. Info by clicking on the plus sign.
- Left click on the check box next to TIF Boundary to turn on the layer. The name of the corresponding TIF areas in Vanderburgh County will appear on the map .
- If you wish to enlarge the map to take a closer look at the TIF areas and desinated parcels in that area, click on the Zoom In tool (magnifying glass with a plus sign in the upper right corner). Then click on the TIF area on the map; each click will enlarge the view more.
- You can also use the link to the Adobe document above for the names of the Vanderburgh County TIF Areas.
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