City of Englewood, Colorado
Home MenuFunding: Tax Increment Financing
Tax Increment Financing
Without raising taxes, TIF invests a slice of our growing revenue in needed Downtown improvements.
Upon request the city will make reasonable accommodations for alternative access to the graph below. Submit the request here or call 303-762-2300.
How tax increment financing works:
- TIF captures new tax revenue generated Downtown and re-invests it in Downtown projects and improvements without raising taxes for anyone. It can help us balance new development with quality-of-life improvements.
- TIF works by setting a base year. The city, county and school district continue to receive that level of tax revenue, including any bi-annual property tax increases.
- The efforts of Englewood Downtown Development Authority attract new consumer spending and business investment.
- This creates new sales and property taxes, called the increment, which is spent on projects, programs and services to make Downtown economically vibrant, connected, safe and green.
- This attracts more customers, businesses and investment. At the end of a 30-year period, all tax revenue goes to the city, county and school district.