Village of Bethalto
213 N. Prairie St., Bethalto, IL 62010
(618)377-8051 (Phone)
(618)377-5264 (Fax)

Bethalto TIF District

TIF Disctrict Map

Tax Increment Financing (T.I.F.) is an instrument created by the State of Illinois to promote the economic development or redevelopment of high priority areas within a community, which meet specific State designated criteria. T.I.F.s are financed through a portion of property tax in the given district, dedicated to pay for redevelopment activities through:

  • Financing of public improvements, and
  • Providing economic incentives to businesses that will undertake improvements to parcels of land in the district.

Established on 9/5/2000, the Village of Bethalto’s TIF district expires at the end of its 23 year life. (9/5/2023)

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