City Of Bozeman
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Tax Increment Financing (TIF) helps certain districts fund new development using tax "increment”.
When a TIF district is created, a property’s current taxable value becomes the “base.” Taxes from that base continue to go where they normally would. As property values increase, the additional tax revenue (the “increment”) is set aside to pay for improvements within the district.
These improvements often include public infrastructure such as curb and gutter, sidewalks, etc., in deteriorating areas. This catalyzes the development and economic vitality of a district.
There are six Urban Renewal Districts using TIF within the City of Bozeman:
- Downtown Urban Renewal District
- Midtown Urban Renewal District
- Northeast Urban Renewal District
- South Bozeman Technology District
- North Park Urban Renewal District
- Pole Yard Urban Renewal District
See the map for the boundaries of each district.
View the Full size map application.
For more information on the Downtown Urban Renewal District, see the Downtown Bozeman Partnership.
For more information on the Midtown, Pole Yard, North Park, South Bozeman Technology, or Northeast Urban Renewal please contact David Fine at david.fine@bozemanmt.gov.
