Land Use & Zoning

A Wisconsin property that is located within a 'tax increment financing (TIF) district' means that the property tax increment generated by new development within the district is:

ADistributed to the county general fund
BPledged to finance the public infrastructure improvements within the TIF district✓ Correct
CExempt from all state and county taxes
DDistributed to neighboring property owners

Explanation

In a TIF district, the increase in property tax revenues (tax increment) from new development is captured and used to repay bonds or fund infrastructure improvements within the district.

Related Wisconsin Land Use & Zoning Questions

Practice More Wisconsin Real Estate Questions

1,500+ questions covering all exam topics. Start free — no signup required.

Take the Free Wisconsin Quiz →