SALEM LAKES, Wis. — Residents in Salem Lakes will have an opportunity later this month to learn more about Tax Incremental Districts, commonly known as TIDs, during a public presentation hosted by village officials.
The Village of Salem Lakes announced that it will hold a TID presentation on Monday, May 18, 2026, at 5 p.m. at Village Hall, located at 9814 Antioch Road.
According to Village Administrator Michael Kostiuk, the presentation will feature Jay Shambeau of Innovative Public Advisors and Todd Taves of Ehlers, who will provide an overview of how Tax Incremental Financing Districts work and discuss the role TIDs play within the Village of Salem Lakes.
Tax Incremental Districts are commonly used by municipalities throughout Wisconsin as economic development tools designed to encourage redevelopment and investment. Under the financing structure, future increases in property tax revenue generated within a designated district are used to pay for infrastructure improvements and development-related costs.
Village officials said the public is encouraged to attend and ask questions during the presentation. Members of the Salem Lakes Village Board, Economic Development Committee, and Plan Commission are also expected to be in attendance.
The informational session comes as Salem Lakes officials continue discussions surrounding development and long-term financial planning within the village.
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17 Responses
TID – Taxpayer Indebtedness District.
Exactly the kind of “incentive” no resident asked for. OMG
Welcome to Illinois!
Totally Incompetent Direction -race to the bottom. It will only raise our taxes.
Hope they include a short section on how everyone else has to make up the difference by carrying the load until these hoped for increased value taxes start rolling in.
Just hold your breath for a couple decades while you pay for the developer responsibilities. Did the Village think posting this was a good idea, my goodness. We will all be living on hope.
Listen to todd but be sure to ask him what the down side of the tid is for taxpayers and also village.
If it were a wonderful thing, EVERYBODY would be jumping at it.
And then, where is the village planning in using this?
And is the zoning going to be changed to get it in? You know, the zoning you thought would be in place to protect our open land?
The easiest way to find the downside is by finding how much and what the developer gains.
This is simply market manipulation that disallows market forces to impact value/costs.
The winners are bigger government, and Bear development.
The losers are taxpayers.
I now have to go and pay my dividend for the Israeli war at the gas station!
But this war is to stop Nuclear War !
If you don’t understand that then you need to educate yourself on the whole history of this region and the inherent hatred of others.
The 2050 clearly showed zero open land. Did you even go to the open house sessions? Every acre of open and farm land was rezoned as medium density residential (less than an acre lots). All of it.
People, it’s a learning experience; Finding out the facts of TID’s. In case of future TID requests it would be nice for residents to understand the pros and cons. Please tell what the heck is wrong with that?
It’s great they’re taking action, and hopefully they’ll listen, though the listening skills on that board are pretty limited.
Taxation is THEFT
Taxation is how we pay for public services.
Now I’ll agree it is too much when you consider the overhead and supervision each individual community demands.
The Economic Development Committee is creating a consortium to pave roads. In ten years we might, just might have figured out a way to help and combine other communities in these daily services.
Maybe not in my lifetime but technology allows us so much more collaboration between communities we don’t need repetitive administrative oversight every 5 miles.
Time will tell
Maybe they can try to shocking idea of spending less.
In God We Trust, All Others Must Pay In Gold
Looks like Cassandra’s replacement isn’t much better…
I bet he can recognize a wetland. The new administration is nothing like Hiller; He is focused on solving problems, not creating them.