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The City of Whitewater has developed a TIF Policy and Guidelines and Proposal Checklist to assist developers in presenting their projects and incentive requests to the Community Development Authority (CDA) and City Council. The purpose of Tax Incremental Financing is to promote economic development consistent with the City’s Comprehensive Plan and will result in community benefit to all taxing entities (City, School District, Technical College, and County) in the Tax increment District (TID).
The Applicant must establish public benefit and the ability to successfully complete the project in order to be considered for TIF assistance. Any TIF assistance will be in the form of a reimbursement or Pay-as-you-go.