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TIF Report Due Dates 2017
September 22, 2016 Michael Bartholomew, TIF Administrator Des Plaines City 1420 Miner Street Des Plaines, Illinois 60016 Unit Code: 016/140/30 Dear TIF Administrator Bartholomew: STATE OF ILLINOIS COMPTROLLER LESLIE GEISSLER MUNGER This letter is to inform you that the Upload TIF Reports application for the FY 2016 Annual Tax Increment Finance (TIF) Report is now available. In addition, the Annual TIF Report forms and instructions you need to submit your government's TIF Report(s) are also available. These documents can be found on our website at www.IllinoisComptroller.gov. Click on Local Government then Upload TIF Reports. Please note that TIF Reports will be accepted only if they are on the correct year's form. TIF District Report(s) are due 180 -days after your fiscal year end date. Your government's TIF District Report(s) is /are due June 29, 2017. If your government needs additional time to complete the TIF Report, an automated function for a one-time 60 -day filing extension is available within the TIF application until June 29, 2017. We are happy to assist you in fulfilling your reporting requirements with the Office of the Comptroller. The application, Upload TIF Reports, will allow TIF Administrators to upload a single or multiple PDF formatted TIF Report(s) for each TIF District. You can start uploading your TIF Report(s) today using the password set up by your government. If you require any assistance regarding the Upload TIF Reports application, please contact June Canello at (312) 814-4780 or email us at IocuovTIF(aifillinoiscomotroller.dov Sincerely, SzulAkt Lauren Fleming Shiliga Director Local Government Division Office of the State Comptroller James R. Thompson Center 100 west Randolph Street, Suite 15-500 Chicago, Illinois 80601-3252 Tel: (877) 304.3888 Fax: (312) 814-3117 E-mail: IocgovTlF©illinoiscomptroller.gov p -118- LOCAL GOVERNMENT LOCAL GOVERNMENT DIVISION azo a Ii THINGS YOU SHOULD KNOW FOR TIF REPORTING • PASSWORDS ARE NO LONGER MAILED Use your current password set up by your government. You should adopt internal procedures to manage access of your TIF password. • Help to prevent Illinois Comptroller emails from being delivered to your"Spam" or "Junk" folder by ADDING OUR EMAIL DOMAIR 'l1linoisComptroller.aov' to your Contact E-mail list. • The TIF application shows the Due Date for the corresponding fiscal year. • Extensions requested for the Government's Annual Financial Reports (AFR) or Audit DO NOT generate an extension for TIF Reports. • TIF Users must log on to the Upload TIF Repor application and use the automated function to request a one-time 60 -day filing extension for FY 2016 TIF Reports. The following criteria are required to be granted a TIF extension: • Request is received on or before the 180 -day filing period ends. • This is the first extension request for FY 2016. ■ Print the extension confirmation screen for your records. • System will generate multiple PDF files should your total TIF Report exceed the limitation for upload. FINES FOR LATE FILING TIF REPORTS • Delinquent 1-15 days: • Delinquent 16-30 days: ■ Delinquent 31-45 days: • Delinquent over 45 days: $5 per day, per delinquent TIF report $10 per day, per delinquent TIF report $15 per day, per delinquent TIF report $20 per day, per delinquent TIF report TIF reports received by the Local Government Division are available for viewing on THE WAREHOUSE, at warehouse. illinoiscomptroller.gov If you require assistance regarding TIF Reports, please call the toll-free Local Government Hotline at (877) 304-3899 or email LocGovTIFCa)_iliinoiscomptroller.gov Local Government Division 100 West Randolph, Suite 15-500 Chicago, Illinois 60601 Toll-free Hotline: (877) 304-3899 Fax: (312) 814-3117 E-mail, locgov[@illinoiscomptraller.gov 1.p1aLed 08112016