What does a municipality have to do when dissolving a state sales tax TIF district?

What does a municipality have to do when dissolving a state sales tax TIF district?

We recommend that you call the department at (217) 785-5983 when you are getting ready to dissolve your tax increment financing (TIF) district.  We may possibly need to discuss surplus fund distributions, payment dates, and ordinance dates. 

For general questions and account payoff information, call the department at (217) 785-5465.  For legal or technical issues related to the problem, call (217) 785-5983.  Brochures about the program are also available at your County Collector's office. 

Submit a question