Tax Increment Financing

Tax Increment Financing (TIF) is a tool used by local governments to encourage development in targeted areas. Tax increment revenues are future tax revenues derived from the newly developed area. State law requires the Comptroller and the Commissioner of Economic and Community Development to review certain TIF plans to determine whether the financings are in the best interest of the State of Tennessee.

The Uniformity in Tax Increment Financing Act of 2012 can be found in Tennessee Code Annotated 9-23-101 et seq.

TIF Documents

August 10, 2016
TIF and PILOT Reporting Memo

October 13, 2015
TIF Luncheon Presentation
Link to Audio Recording of TIF Luncheon

October 11, 2012
Guide Letter to Tax Increment Financing

October 11, 2012
TIF Roadmap Brochure

October 11, 2012
List of IDB Project Codes