Tax Increment Financing (TIF)

Within the State of Colorado, Urban Renewal Authorities can develop a stream of revenue known as tax increment financing (TIF). TIF is the difference between property and/or sales taxes after a development is completed and before a development started. The Urban Renewal Authority of Pueblo primarily utilizes the property tax increment generated from development to finance new projects. TIF may only be collected and spent in the project area that it was generated (for maps of current Pueblo project areas, click here). Likewise, the ability to collect TIF may only last for a period of 25 years from date of which a project area is established.

View TIF Graphic.pdf