Wisconsin
WI
City of Green Bay
Municipality
2018
Tax Increment Financing
General Economic Development
Wisconsin State Statute 66.1105, Tax Increment Law.
Green Bay
Property Tax
Tax Increment Financing (TIF)
(not specified)
$190,114
$0
$190,114
(none)
https://greenbaywi.gov/Archive.aspx?AMID=37
14601
Wisconsin
WI
City of Madison
Municipality
2018
Forgivable loans under Tax Increment Financing
General Economic Development
TID project plans
City of Madison
Forgiven Loan
TIF Loan
(N/A - TIF)
$3,808,921
$0
$3,808,921
See CAFR for TIF notes regarding loans forgiven this FY and in the future
https://www.cityofmadison.com/finance/accounting/financial-statements
14602
Wisconsin
WI
City of Milwaukee
Municipality
2018
Program 1 - Developer-Financed Projects
General Economic Development
(not specified)
Milwaukee
Property Tax
Tax Increment Financing (TIF)
(not specified)
$8,475,000
$0
$8,475,000
(none)
14603
Wisconsin
WI
City of Milwaukee
Municipality
2018
Program 2 – Grants to Developers/Corporations
General Economic Development
(not specified)
Milwaukee
Property Tax
Tax Increment Financing (TIF)
(not specified)
$234,000
$0
$234,000
(none)
14604
Wisconsin
WI
Wisconsin
State
2018
Business Development Credit (also includes the Economic Development and Jobs Tax Credit programs)
Job Creation/Retention
Wisconsin Statutes 238.308
State of Wisconsin
Income Tax
Tax Credit
Wisconsin Economic Development Corporation may require repayment of tax benefits claimed for a year in which the person failed to employ an eligible employee required by the agreement
$13,100,000
$0
$13,100,000
Also includes the Economic Development and Jobs Tax Credit programs
14605
Wisconsin
WI
Wisconsin
State
2018
Development Opportunity Zone (OZ) Tax Credit
General Economic Development (OZ)
Wisconsin Statutes 238.395
State of Wisconsin
Income Tax
Tax Credit
Wisconsin Economic Development Corporation may revoke tax benefits if false or misleading information is provided, if the business ceases to operate in the zone or moves outside the development zone
$300,000
$0
$300,000
(none)
14606
Wisconsin
WI
Wisconsin
State
2018
Enterprise Zone (EZ) Tax Credit
General Economic Development (EZ)
Wisconsin Statutes 238.399
State of Wisconsin
Income Tax
Tax Credit
Wisconsin Economic Development Corporation may require a business to repay tax benefits for which the business failed to maintain employment levels or a significant capital investment in property WEDC may revoke tax benefits if false or misleading information is provided, if the business ceases to operate in the zone or moves outside the development zone
$42,600,000
$0
$42,600,000
(none)
14607
Wisconsin
WI
Wisconsin
State
2018
Historical Homeowners Tax Credit
Historic Preservation
Wisconsin Statutes 44.02(24)
State of Wisconsin
Income Tax
Tax Credit
Department of Revenue may recover all or a portion of the credit if the claimant has not complied with all requirements
$1,200,000
$0
$1,200,000
Administered by Wisconsin Historical Society
14608
Wisconsin
WI
Wisconsin
State
2018
Historical Preservation Tax Credit
Historic Preservation
Wisconsin Statutes 238.17
State of Wisconsin
Income Tax
Tax Credit
If sale or noncompliance occurs within 5 years then a prorated amount of the credit received will be added back to the individual’s tax liability
$39,900,000
$0
$39,900,000
Supplement to Federal Historic Rehabilitation Tax Credit
14609
Wisconsin
WI
Wisconsin
State
2018
Qualified New Business Venture
Research and development
Wisconsin Statutes 238.15
State of Wisconsin
Income Tax
Tax Credit
The certified business must pay a penalty ranging from 60% to 100% of the Tax Credit provided if it relocates out of state during the 3 years after it received an investment
$9,800,000
$0
$9,800,000
(none)
14610
10