Other Minnesota State and Local Government sites | Employment Opportunities | Home

Administrative expenses are defined in the TIF Act. An authority must document and keep a record of administrative expenses if the costs are to be paid or reimbursed with tax increment revenues. Administrative expenses are subject to a percentage limitation: an authority cannot simply retain ten percent of all tax increment revenues received for administrative expenses.

For more information regarding administrative expenses, please see the OSA’s Statement of Position entitled TIF Administrative Expenses.

Published: November 2017

more TIF Articles

Privacy Policy | Accessibility Information | © 2020 Office of the Minnesota State Auditor