Tax Increment Financing (TIF)

DeKalb currently has two Tax Increment Financing (TIF) Districts. Some ways DeKalb provides incentives include through Development or Redevelopment Agreements, which are used on a project-by-project basis or through the TIF Redevelopment Incentive Program. Each TIF district has its own plan for its redevelopment area and annual reports on the progress of each district.

Click here to view the existing TIF Map.
Click here to view the TIF District Redevelopment Plans and Annual Reports.

What is Tax Increment Financing?

To learn more about Tax Increment Financing, visit the City of DeKalb TIF FAQs page or Illinois Tax Increment Association’s web page.

Typical TIF Projects

TIF funds may be used for costs associated with the development or redevelopment of property within the TIF, allowing blighted, declining and underperforming areas to again become viable, and allowing these areas to compete with vacant land at the edge of urban areas. Typical projects include:

  • Redevelopment of substandard, obsolete, or vacant buildings 
  • Financing general public infrastructure improvements, including streets, sewer, water, and the like, in declining areas
  • Cleaning up polluted areas
  • Improving the viability of downtown business districts
  • Providing infrastructure needed to develop a site for new industrial or commercial use
  • Rehabilitating historic properties

Types of Eligible Costs

The eligible uses for TIF funds are provided in Illinois’ Tax Increment Allocation Redevelopment Act, also known as the TIF Act. The Illinois TIF Act generally authorizes that TIF funds may be used for the following:
  • Administration of a TIF redevelopment project
  • Property acquisition
  • Rehabilitation or renovation of existing public or private buildings
  • Construction of public works or improvements
  • Job training
  • Relocation
  • Financing costs, including interest assistance
  • Studies, surveys and plans
  • Marketing sites within the TIF
  • Professional services, such as architectural, engineering, legal and financial planning
  • Demolition and site preparation
  • Some restrictions may apply, so review the full Act for the list of TIF-eligible costs

TIF Interested Parties Registry

If you are interested in receiving public notices related to the City of DeKalb's TIF districts, please consider registering as an interested party. To apply for the registry, please review the Registry Registration Rules and submit an application via mail or in person at City Hall. The most recent version of the Registry can also be found below. 

TIF Interested Parties Registry Registration Rules
Application for Individuals
Application for Organizations
City of DeKalb Interested Parties Registry

Illinois TIF Legislation

The current operational Tax Increment laws in Illinois are:
Tax Increment Allocation Redevelopment Act (65 ILCS 5/11-74.4.1 et seq.)
Industrial Jobs Recovery Law (65 ILCS 5/Art. 11 Div. 74.6)
Economic Development Project Area Tax Increment Allocation Act of 1995 (65 ILCS 110/1 et seq.)
County Economic Development Project Area Tax Allocation Act (55 ILCS 85/)
Business District Development and Redevelopment Act (65 ILCS 5/11-74.3 et seq.)