The Village of Algonquin, IL

Welcome to the website for the Village of Algonquin!

Downtown Tax Increment Financing (TIF) Distrct

Tax Increment Financing

The Village of Algonquin conducted an analysis in 2014 of the qualification of an area that resulted in the establishment of a Downtown Tax Increment Finance (TIF) District. The Algonquin Village Board formally adopted the TIF District on October 8, 2014 and it is intended to promote the revitalization of under-utilized properties located within the Village and the overall improvement of the Downtown area. 

Please see below for related information.