The Oklahoma Department of Commerce has compiled a comprehensive list of known TIF Districts throughout the state of Oklahoma.

Click on links within the document to find maps as well as additional information. 

TIF Districts in Oklahoma

The information in this list is as current as it is received. 

If you have any additions, subtractions, or questions regarding this list please contact Jonna Kirschner with the Oklahoma Department of Commerce.

TIF
Tax Increment Financing (TIF) is a tool available to local governments in Oklahoma to assist economic development within an area known as a TIF District. TIF is used for redevelopment and community improvement projects throughout the United States for more than half a century. TIF has also become an often-used financing mechanism for municipalities.

How does TIF work?
TIF is a tool to use future gains in taxes to finance the current improvements that will create those gains. When a public project such as a road or school is carried out, there is an increase in the value of surrounding real estate, and often new investment (new or rehabilitated buildings, for example). This increased site value and investment creates more taxable property, which increases tax revenues. The increased tax revenues are the "tax increment." Tax Increment Financing dedicates that increased revenue to finance debt issued to pay for the project. TIF is designed to channel funding toward improvements in distressed or underdeveloped areas where development would not otherwise occur. TIF creates funding for public projects that may otherwise be unaffordable to local governments.

Disclaimer
The materials contained on this website have been prepared by the Oklahoma Department of Commerce for informational purposes only and do not constitute legal or tax advice. This information is subject to change based on judicial interpretation and legislative action. The application of the information is subject to your unique facts and circumstances. YOU SHOULD NOT ACT UPON ANY INFORMATION CONTAINED IN THESE MATERIALS WITHOUT SEEKING YOUR OWN PROFESSIONAL LEGAL AND TAX ADVICE.