Tax Incremental Financing
One of the most progressive communities in Lafayette County in its use of Tax Incremental Financing (TIF), Shullsburg has ample resources available to make development of any size business affordable. With three operational TIF Districts, Shullsburg can assist in the development of small retail business, large commercial/industrial business, and even housing construction.
Tax Incremental Financing is a powerful tool that can provide cash incentives to businesses that are willing to invest in new structures or to make improvements to existing structures for the sake of job creation. Find out here how it works.
Property owners who wish to benefit from TIF should review our typical development agreement, and consult with Shullsburg's City Treasurer for additional information. |