Tax Increment Financing

As established by Chapter 39.114 RCW, a local government may propose to designate a Tax Increment Financing (TIF) area and use the associated tax allocation revenues to pay for public improvement costs.

As part of the process to establish a TIF area, a local government must prepare a project analysis, the requirements of which are outlined in RCW 39.114.020 (2) (see link to TIF Project Analysis Contents below). RCW 39.114.020 (7)(b) requires that proposed TIF area project analyses are submitted to the Office of the State Treasurer (OST) for review, and that the local government take into consideration any comments that OST may provide.

TIF Project Analysis Contents

Email tif.review@tre.wa.gov to request project analysis review.

Completed Reviews

2024

Port of Moses Lake	April 15, 2024
City of Walla Walla	April 3, 2024
Port of Ridgefield	March 15, 2024
City of Lakewood	March 12, 2024
Port of Everett	February 21, 2024
City of Arlington	January 5, 2024

2023

Port of Walla Walla	November 3, 2023
City of Federal Way	October 12, 2023
City of Ridgefield	August 24, 2023
Port of Grays Harbor	May 30, 2023
City of Blaine	May 16, 2023
City of College Place	April 28, 2023
City of Chelan	April 25, 2023
City of Kirkland	March 27, 2023
City of Wenatchee	January 31, 2023

2022

City of Pasco	September 23, 2022
Port of Vancouver	May 27, 2022

2021

Port of Pasco

December 1, 2021