Tax Increment Financing Districts (TIFs) | Oklahoma Department of Commerce
Home / Reports / Data + Reports / Doing Business / Tax Increment Financing Districts (TIFs)

Tax Increment Financing Districts (TIFs)

Tax increment finance (TIF) districts are used by cities in Oklahoma to promote private development. A portion of taxes generated with the district are used to invest in the district’s infrastructure or fund other economic development projects. New development in the district leads to higher property values and the increase in city tax revenue is reinvested within the district.

Search
Questions?
Follow Us

Questions? Contact us today.

Thank you for visiting the Oklahoma Department of Commerce.

The news from Oklahoma Now (now.okcommerce.gov) can now be found on the new and improved okcommerce.gov.

Read our latest business news here.