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Salem Lakes to Host Public Presentation on Tax Incremental Districts

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Salem Lakes

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.

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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.

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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.

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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.

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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.

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The informational session comes as Salem Lakes officials continue discussions surrounding development and long-term financial planning within the village.

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Author

Picture of Kevin Mathewson

Kevin Mathewson

Kevin Mathewson is a disciple of Christ, husband and a father to two wonderful children. Mathewson was born and raised in Lake County, IL and worked as a police & fire dispatcher from 2005 to 2010 in Round Lake Beach, IL. Mathewson moved to Kenosha County in 2006, later being elected to the position of Alderman of the 8th District in 2012 and 2016. Mathewson is a private investigator, security contractor, journalist, and photographer. He enjoys spending time with his family, watching movies, camping and boating. His favorite amendment is the second, followed closely by the first. He loves his country and community.
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2 Responses

  1. TID – Taxpayer Indebtedness District.
    Exactly the kind of “incentive” no resident asked for. OMG

    Reply

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