The Tax Increment Financing (TIF) fund activity for the Village of Homewood was outlined in a memo to village trustees for the March 24 meeting by Homewood Director of Finance Amy Zukowski. The memo details revenue, expenditures and ongoing obligations across multiple TIF districts as part of the proposed fiscal year 2026-27 budget.
According to Zukowski, the village uses TIF districts as a tool to encourage economic development, particularly in areas considered underdeveloped. Under the…
