Economic Development

In April 2006, the Village of Stockton adopted a Tax Increment Financing (TIF) District to redevelop vacant and underutilized sites, attract and retain businesses and to help spur economic development with the Village. Please refer to the TIF FAQs to get more information and see how to apply.

In 2021 the Village of Stockton started the Business Development District (BDD). A Business Development and Redevelopment District, often referred to as a Business Development District (BDD) is a special financing program created by a municipality to encourage the development of new businesses in targeted areas of the community. Please refer to the BDD FAQs to get more information and see how to apply.

IMPORTANT TO NOTE: The Village requires that all TIF and BDD applications are to be turned in and approved prior to any work being completed or materials purchased.

If you have any questions about the TIF, please contact the Village Clerk at 815-947-2515.

TIF Application
Stockton TIF Plan
Stockton TIF Map
Stockton TIF FAQs

BDD in Illinois
BDD FAQs
BDD Map
BDD Development Plan
BDD Application

Northwest IL Economic Development