When will my city receive its last TIF distribution from the state?

When will my municipality receive its last state sales tax TIF distribution from the state?

If your municipality did not issue tax increment financing (TIF) bonds or entered into TIF development contracts prior to June 1, 1988, your last TIF payment will be the FY-2007 4th quarter payment scheduled to be made in July 2007. 

If your municipality issued TIF bonds prior to July 29, 1991, you will continue to receive your share of the TIF distribution until the date that the redevelopment project is completed or terminated, or the date that the TIF bonds are retired, or the FY-2013 4th quarter payment.

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