Tax incremental district package (TIDs 11, 13, 22, 23, 27, 28, 31, 32, 33, 10, 16)
Racine
Summary
The council created two new TIDs — one for Lincoln King housing infrastructure and one at the vacant former YMCA lakefront site — and closed three older neighborhood TIDs to make room under the state's 12% cap. Critics say the lakefront district commits up to $30.8 million with no developer and keeps schools, Gateway and the county from new tax revenue for 27 years; supporters say TIDs are the city's only real tool to attract development.
At a glance
- Total mentions
- 3
- Last 30 days
- 0
Last discussed May 19, 2026.
Impact analysis
A new $30.8 million financing structure on the lakefront site, plus roughly $10 million a year in tax increment redirected among districts — schools, Gateway and the county see none of it for up to 27 years.
Developers and redevelopment projects in the new districts, and Lincoln King residents who get sidewalks, lighting and parking infrastructure.
Racine Unified, Gateway Technical College and Racine County taxpayers, who wait decades for new tax revenue from these districts.
Mentions & discussions (3)
Common Council — May 19, 2026
The council created two new TIDs — one for Lincoln King housing infrastructure and one at the vacant former YMCA lakefront site — and closed three older neighborhood TIDs to make room under the state's 12% cap. Critics say the lakefront district commits up to $30.8 million with no developer and keeps schools, Gateway and the county from new tax revenue for 27 years; supporters say TIDs are the city's only real tool to attract development.
Finance and Personnel Committee Or immediately following the CDBG Advisory Board. — May 11, 2026
The city wants to close TIDs 10, 16 and 27, amend several neighborhood TIDs, and create TID 32 (Lincoln King) and TID 33 (the old YMCA site at 725 Lake Avenue). The changes are needed to stay under the state's 12% cap on TID value, and closing TID 27 is what makes the new districts possible. Alders get the final vote next week.
Committee of the Whole — May 11, 2026
Mayor Mason laid out the city's redevelopment strategy and plans for upcoming Tax Incremental Districts. TIDs can fund redevelopment using future property tax gains, so these plans could shape which parts of Racine get reinvestment in coming years.
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