Tax Increment Financing

• Tax Increment Financing (TIF)(PDF)
  Tax Increment Financing (TIF) is an economic development tool to use future gains in taxes to finance the current public infrastructure improvements for development that will create those gains. The state participates with local governments and eligible agencies in three TIF programs:
  • Real Property Ad Valorem Tax Revenues
  • Signature Projects
  • Mixed-Use Redevelopment in Blighted Urban Areas
• Tax Increment Financing Fact Sheet(TIF)(PDF)
• Click here to view a list of Frequently Asked Questions (FAQs) about the Tax Increment Financing program.
• Click here to view a list of active state participation Tax Increment Financing projects.
• Click here to view a list of active local participation Tax Increment Financing projects
• Click here to view the Consumer Price Index (CPI) Rates to use for Adjusting Old Revenues for Tax Increment Financing Projects.

Local Tax Increment Financing Survey 

Any city or county government pursuing the establishment of a local development area via KRS 65.7047 shall file information regarding its local development area agreement with the Cabinet for Economic Development via the linked form:

• Survey for Tax Increment Financing Projects with Local Participation