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Tax Increment Financing (TIF) Districts: Cook County, Illinois, 2016

Authors:
and
Description:
TIF District boundaries. TIF districts receive money from property taxes by utilizing increases in the value of properties located in the TIF. There is no tax rate for TIF districts. Instead, TIFs receive money based on tax rates generated by other districts' tax levies. Money is allocated to the TIF based on the composite tax rate for properties in the TIF and the incremental value of properties in that TIF (when compared to values when the TIF was established).
Collection:
Cook County Open Data
Places:
Cook County, Illinois, United States and Illinois, United States
Subjects:
Boundaries and Economy
Year:
2016-
Contributed by:
Chicago
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