GRANTRADAR/Grant Programs/Michigan Corridor Improvement Authority TIF/Compliance
POST-AWARD COMPLIANCE CHECKLIST

Michigan Corridor Improvement Authority TIF: Compliance Requirements

What you must do after you win this award — administered by Local Municipality / MEDC · Michigan.

5
Total requirements
2
Clawback-risk items
5
Deadline-bound

⚠ Common Disallowed-Cost Pitfalls

  • Financial & Cost Eligibility: Expenditures outside TIF plan constitute disallowed costs and trigger clawback of improper spending
  • Financial & Cost Eligibility: Bonds issued in excess of TIF plan authority are illegal debt; proceeds may be clawed back
  • Reporting: Non-compliance may result in loss of authority status or state enforcement action
  • Recordkeeping: Failure to maintain records may result in loss of capture authority or TIF district termination
  • Reporting: Inaccurate or missing impact estimate may result in plan rejection or taxing unit opt-out

Reporting

  • HighAnnual

    TIF authorities must file annual financial reports with the Michigan Department of Treasury within 180 days after fiscal year end, including budget, audit information, and compliance data.

    Deadline: 180 days after fiscal year end

    Source: Michigan Department of Treasury TIF Reporting Requirements; PA 57 of 2018 Section 911

  • MediumOne Time

    Authority must provide impact estimate showing how TIF will affect assessed values of all taxing jurisdictions in the development area.

    Deadline: Included in TIF plan submittal to governing body

    Source: PA 57 of 2018

Financial & Cost Eligibility

  • Clawback riskOngoing

    Authority may spend TIF revenue only as recorded in its adopted TIF plan; surplus funds must revert proportionately to respective taxing bodies.

    Deadline: Continuously during TIF period

    Source: Corridor Improvement Authority Act; PA 57 of 2018

  • Clawback riskOne Time

    If development plan includes bonded indebtedness, the TIF plan must specify the maximum amount of bonded indebtedness to be incurred and a clear statement of the portion of captured assessed value to be used.

    Deadline: Must be included in adopted TIF plan before any bonding occurs

    Source: PA 57 of 2018; Corridor Improvement Authority Act MCL 125.2871 et seq.

Recordkeeping

  • HighOngoing

    TIF authorities must maintain and publicly post adopted development plans, tax increment financing plans, budgets, and audits on a municipal website.

    Deadline: Posted and maintained continuously

    Source: PA 57 of 2018 Section 910

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PROGRAM OVERVIEW
Michigan Corridor Improvement Authority TIF
Benefit, eligibility & stacking →

Official source: Local Municipality / MEDC ↗ · Last verified 2026-04-01

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This checklist is compiled from official program sources and general grant-management rules for informational purposes. Final compliance obligations are governed by your specific grant agreement and the administering agency — always verify with Local Municipality / MEDC.