County Administrative Expenses

Tax increment may be used to reimburse a county for actual administrative expenses incurred under the TIF Act. The county may require reimbursement by February 15th of the year following the year in which expenses were incurred. To obtain reimbursement for the administrative costs, the county auditor must provide to the authority a record of the costs incurred by the county auditor for the administration of the authority’s TIF districts.

For more information regarding administrative expenses, please see the OSA’s Statement of Position entitled TIF Administrative Expenses.

Last referenced January 24, 2020 in the State Auditor's E-Update