TIF & Incentive District Annual Reporting

Please review 62 O.S. § 860 for more information on the new reporting requirements. If your community already produces a report there will be an opportunity to upload it below.

If you have any further questions please contact:

Alexis Carr, Research Specialist, 405.815.5129

Jon Chiappe, Chief Partner & Program Advisor, 405.815.5210

Please provide the fiscal year being reported.*

Ex: Fiscal Year Ending June 30, 2025 enter 2025

Please select all of which you would like to report.*

Tax Increment Financing (TIF) District ReportingIncentive District Reporting

For increment districts in operation for nine months or more, on or before the ninetieth day following the end of each fiscal year, the governing body of a city, town, or county shall submit a report to the Oklahoma Department of Commerce. The Department shall provide a copy of the report to any memeber of the public upon request. The disclosure report shall include the following information:

Does your community already produce a report for TIF districts that satisfies the requirements of 62 O.S. § 860?

YesNo

Please upload copy of your annual report.

Please provide the name of the TIF district being reported.

Please provide the date the TIF district was established.

Please provide the lifespan of the TIF District you are reporting.

Ex: 25 years or whenever paid off whichever comes first

What year(how old) is the TIF district at the time of this report?

What type of TIF district is this? Please select all that apply.

Ad Valorem TaxSales/Use TaxHotel Occupancy TaxOther Fee Collections

Provide the amount and source of revenue captured and apportioned pursuant to the project plan for the fiscal year being reported.

Provide the total amount and source of revenue captured and apportioned pursuant to the project plan for the life-to-date of the TIF.

Provide the amount and purpose of expenditures for the fiscal year being reported.

Provide the total amount and purpose of expenditures for the life-to-date of the TIF

Has a bond or indebtedness been issued to fund this TIF district?

YesNo

Provide the amount of principal and interest due on outstanding bonded indebtedness.

Provide the tax increment base value (Base Assessed Value).

Provide the current captured appraised value or the other local tax or fee collections retained by the area (Increment or Increment Assessed Value).

Total Assessed Tax Base and Increment (Tax Base Value Post TIF)

calculated (addition of top two questions)

Provide the captured appraised value or the other local tax or fee collections shared by the city, town, or county and other taxing entities.

Provide the total amount of tax increments received over the life of the TIF district.

Provide any additional information necessary to demonstrate compliance with the plan adopted by the city, town, or county.

Please provide the name of the person who is currently in charge of the implementation of the plan.

First & Last Name, Title

The name(s) of the persons who have disclosed an interest as required pursuant to Section 857 of this title and the interest disclosed

If none, enter none or NA

For incentive districts in operation for nine months or more, on or before the ninetieth day following the end of each fiscal year, the governing body of a city, town, or county shall submit a report to the Oklahoma Department of Commerce. The Department shall provide a copy of the report to any memeber of the public upon request. The disclosure report shall include the following information:

Does your community already produce a report for incentive districts that satisfies the requirements of 62 O.S. § 860?

YesNo

Please upload copy of your annual report.

Please provide the name or a brief descriptor of the incentive district being reported.

Please list the parties receiving incentives or exemptions.

Please provide a general description of the property and the improvements to be made.

Please describe the nature of the incentive provided. This should include the portion and fair market value of the property to be exempted or that portion of the local taxes to be subject to incentives or to be exempted.

Please provide the duration of the incentives or exemptions

Please provide any additional information necessary to demonstrate compliance with the tax incentives or exemptions.

Please provide the name of the person who is currently in charge of the implementation of the plan.

First & Last Name, Title

The name(s) of the persons who have disclosed an interest as required pursuant to Section 857 of this title and the interest disclosed

If none, enter none or N/A

Please provide the contact information of the individual completing this form. Commerce will need to be able to contact this individual if there are any questions or follow up information needed regarding this report.

Name*

First NameLast Name

Title*

Community*

Email*

example@example.com

Phone Number*

Please enter a valid phone number.

Terms and Conditions

I, the undersigned, hereby certify that this application is (a) complete; (b) contains no misrepresentation and is accurate and correct in all facts; (c) may be relied upon as a true representation of the nature of the project. I further certify that all subsequent documentation shall also be accurate, correct, and void of misrepresentation. This document has been duly authorized by the governing body of the community.

Authorized Community Representative*

First NameLast Name

Authorized Community Representative Title*

I, the undersigned, hereby certify that I am an Authorized Representative have authority from the community to submit this Report on behalf of the Community.*

I affirm

Signature of Authorized Community Representative

TIF & Incentive District Annual Reporting

TIF District Reporting

Incentive District Reporting

Contact Information

Certification

Terms and Conditions