Waterloo Tax Increment Financing Projects
A plain-language guide to publicly available information on Tax Increment Financing (TIF) and community redevelopment projects in the Village of Waterloo, Nebraska (Douglas County). Built for residents, candidates, and researchers who want official numbers and documents in one place.
In Nebraska, TIF is authorized by the Nebraska Community Development Law (state statute 18-2101 and following). Cities and villages may use the increase in property tax revenue from a redevelopment project (the “increment”) for a limited time to help pay eligible public improvements in areas designated blighted and substandard. Taxes on the original value keep going to schools, the county, the village and other local governments; only taxes on the added value go to the project during the TIF term (typically up to 15 years, or until the obligation is paid).
Overview
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How to read these numbers: “Base value” is the taxable value before the redevelopment improvements. “Excess” or increment value is the increase after improvements. TIF payments to a redeveloper generally come from taxes on that increment, for a capped dollar amount or term of years—whichever comes first under the redevelopment contract.
“Blighted and substandard” is a legal label in state law. The Board of Trustees adopts it after a study, and it makes an area eligible for TIF. It doesn’t mean every property in the area is run-down.
Projects
TIF projects from the state's TIF reports. Use the filters to narrow the list, or sort it by added value, approval year or name. Tap a card or project name for details and links to official documents. The Village doesn’t publish its payments to developers, so payment amounts aren’t shown.
Blight areas & project locations
Waterloo's redevelopment areas, which the Village has designated blighted and substandard, and where its TIF projects are.
Map locations not yet added.
Blighted & substandard areas
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Timeline & documents
Major public actions, state report filings, and plan approvals. In Waterloo, the Board of Trustees acts as the Village’s redevelopment authority; the Planning Commission reviews redevelopment plans, and the Board of Trustees approves each plan by resolution after a public hearing. For Board of Trustees agendas and minutes, see Waterloo: Village Agenda Center.
Key documents
Peer community comparison
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% TIF of total city value: first-class cities of 10,000 to 65,000 people
Waterloo compared with Nebraska first-class cities of 10,000 to 65,000 people (2020 census). Full table below.
| City | Population | % TIF of city | TIF excess value | Project count (state report) |
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