Non-increment definition
Non-increment or “Non-TIF” revenue means any revenue available to a municipality to pay for District improvements, service District debt, or pay for related costs, that are not derived from the increase in taxable value of the properties within the District. Examples include municipal property tax, Federal and State grants, use fees, and parking revenue. These revenues are often used to help pay the proportion of District improvement costs that do not serve the District, as determined by the Council.