New TIF districts proposed: Velp and Locust, Brook Park, 200 N Monroe
Summary
Green Bay is moving to create three new tax incremental districts. The board reviewed draft plans July 14 but won't vote on creation until August 25, 2026. These districts freeze property tax base and redirect new tax revenue to fund development in each area.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Aug 25, 2026.
Impact analysis
Each new district would redirect property tax revenue from its area to fund development costs; exact figures are in the draft plans.
Developers and new projects in the district areas, with eventual tax base growth for the whole city.
Overlapping taxing jurisdictions — schools, county, technical college — that forgo tax increment during the districts' lifetimes.
Mentions & discussions (2)
Tax Incremental Districts Joint Review Board - Aug 25, 2026
A new 34.3-acre tax incremental district in northwest Green Bay will use future property tax increments to fund redevelopment, anchored by a 90-unit apartment project. Tax revenue from the district goes toward project costs rather than general city funds until the district closes.
Tax Incremental Districts Joint Review Board - Jul 14, 2026
Green Bay is moving to create three new tax incremental districts. The board reviewed draft plans July 14 but won't vote on creation until August 25, 2026. These districts freeze property tax base and redirect new tax revenue to fund development in each area.
Related development
TID 35 — 200 N Monroe
Uses future tax growth in the district to fund redevelopment at 200 N Monroe.
TID 34 — Brook Park
Roughly $58 million in new residential value on the city's far east side; district projected to generate about $13.4 million in increment and could close early.
TIF 33 — Velp and Locust
Adds 90 workforce-oriented rental units on a corridor flagged for brownfield redevelopment; district could recover costs by 2039.
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