Oshkosh review highlights Oshkosh Corp. TIFs, micro‑TIF strategy and mixed performance across districts

Oshkosh City officials reviewed the 2019 annual reports for the city’s tax increment financing (TIF) districts and emphasized recent growth tied to two new Oshkosh Corporation districts and a continued shift toward single‑parcel (“micro”) TIFs.

City staff said TIF 34, created for the Oshkosh Corporation Global Headquarters parcel, showed increment up to about $10,000,000 in the 2019 report and staff expect the number to rise when full build‑out is reflected in next year’s report. Staff noted the development agreement for that project includes a minimum assessment of $18,000,000 and that the city expects to exceed that minimum once the project is fully assessed.

TIF 35, established to fund infrastructure — including extension of Keller Avenue and related intersection work on Oshkosh Avenue — has produced increment from Bank First and a Casey’s convenience store, and staff said an office building is under construction along the frontage and a hotel is expected to begin construction later this year. Staff also said approved…