Economic Development

The City of Loves Park levies a 0% municipal property tax.  Therefore, economic development is very important for the City to bolster retail sales, and maintain and grow job opportunities.  With that in mind, the City offers various incentives such as Tax Increment Finance (TIF) districts, Industrial Job Recovery Law TIF districts, and Enterprise Zone incentives..  These incentives are project and area dependent.  For more information of these incentives, please contact the Community Development Department.  For information on the Loves Park-Machesney Park Enterprise Zone please visit the website HERE.

Contact Information
Name Office Phone About
Nathan Bruck
Economic Development & Planning Manager
(815) 654-5033 Email | Bio
Steve Thompson
Director of Community Development & Public Works / Building Official
(815) 654-5033 Email | Bio
Fax Number – Community Development Department (815) 654-5004  
Available Downloads

Downloads

TIF Assistance Policies and Application Download File
Map of TIF Districts Download File
Loves Park-Machesney Park Enterprise Zone Application Download File
Loves Park-Machesney Park Enterprise Zone Map Download File
Forest Hills TIF Redevelopment Plan & Project -2014 Download File