Office of Tax Incentives

The March 31^st deadline for annual reports is quickly approaching.  This year the Department will not issue extensions or escrow penalties.  Please submit your annual report on or before Monday, April 2^nd.

Tax Increment Financing (TIF) is an economic development mechanism available to local governments in Ohio to finance public infrastructure improvements and, in certain circumstances, residential rehabilitation.  A TIF works by locking in the taxable worth of real property at the value it holds at the time the authorizing legislation was approved.  Payments derived from the increased assessed value of any improvement to real property beyond that amount are directed towards a separate fund to finance the construction of public infrastructure defined within the TIF legislation. 

Contact: Office of Tax Incentives at (614) 466-2317 or (800) 848-1300

• Summaries 
  • General Purpose/Parcel TIFs
  • Incentive District TIFs
  • Suggested TIF implementation process

• Annual Reports
  • 2011 Annual Report Letter (pdf)
  • 2011 Annual Report Form (pdf)
  • 2011 Annual Report Instructions (pdf)
  • Electronic Filing Instructions (pdf)
  • Annual Report Entry - New
  • TIF Map and current Contacts