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What is the difference between a TIF Area and a TIF Tax District?

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What is the difference between a TIF Area and a TIF Tax District?

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A TIF Area is defined in the ordinance adopted by the city or county. A TIF Area may need to be broken into multiple TIF Tax Districts because of different Consolidated Tax Levy Rates or due to an amendment to the TIF Area, such as happens in an annexation.

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