City of Danville, Illinois
  • Government
    • Our Departments >
      • Public Affairs >
        • Mayor
        • City Clerk >
          • FOIA
        • City Treasurer
        • Code Enforcement
        • Finance
        • Human Relations
        • Human Resources
        • Information Technology
        • Legal
      • Public Safety >
        • Police
        • Fire
      • Public Works >
        • Streets
        • Sewers
        • Solid Waste >
          • Yard Waste
          • E-Waste
        • Parks >
          • Carver Park Calendar
          • Douglas Park Calendar
          • Ellsworth Park Calendar
          • Lincoln Park Calendar
          • Bandshell
        • Recreation >
          • Danville Stadium Calendar
          • Garfield Pool
          • Harrison Park Clubhouse
          • Softball
          • Fall Festival
        • Public Works Staff
      • Community Development >
        • Permits
        • Planning & Zoning
        • Grants Management
        • DATS
        • Engineering
        • Projects
        • Stormwater
        • Community Development Staff
      • Danville Mass Transit
    • City Council >
      • Aldermen
    • Elected Officials
    • Boards & Committees >
      • Public Services Committee
      • Public Works Committee
      • Boards Agencies Commissions
      • Historic Preservation Commission
    • Forms & Maps
    • Bids & RFP's
    • Budgets & Payscales
  • Residents
    • Neighborhood Associations
    • Youth Activities
    • Social Services
    • Our Schools
    • Bike Danville
    • Events
    • Arts and Culture
    • Downtown
    • Community Toolbox
    • Parks and Rec.
    • Public Comment
  • Visitors
  • Business
  • Online Services
  • Contacts

Economic Development 

Economic Incentives

Start or grow your business here
Business Incentives
Establishing your business with the City

WHY WE OFFER DEVELOPMENT INCENTIVES:
By offering development incentives we increase the potential to attract investment, employment, and new tax revenues to the City of Danville. We follow a model based on the theory that partnership between the City and local business is necessary for smart economic growth. We believe those investing in our community deserve to have the City invest in them.

The City of Danville has a variety of incentive programs available to both small and large businesses. We also work with local business and property owners to assist in locating any state or federal development incentive programs that may be applicable to his or her particular project.  
​
We understand that running a business is already complicated enough without the hassle of tracking down information on what incentives qualify for which projects. That's why we've tried to break down Danville's available Incentive Programs to their bare bones, so you can spend more time on your business and less time searching for something that might not even be available in your area. We've created a simple economic incentives brochure to help guide you and, we are here to answer any questions that you may have on these or other programs. 
​
Below are the programs currently offered by the City of Danville. Please contact us for more information by calling (217) 431-2321 emailing us at tterhune@cityofdanville.org​ or by visiting us at 1155 E Voorhees Street, Suite A Danville, IL 61832

TAX INCREMENT FINANCING (TIF):
A TIF District is a designated area which the City has determined is in need of physical improvements, both public and private, in order to spur growth and development.  A portion of the property taxes from each building located within the TIF District are placed in a fund that is specifically reserved for such improvements. These funds can help finance private building improvements that otherwise might not receive any attention.

The TIF incentive model is designed to work with property owners  to create a public/private partnership in a certain area. The general idea being that the more the District improves the more property values will increase. This will increase revenue in the TIF fund which, in turn, will be used for further District improvements.
Apply for TIF
The following links have specific information on the City of Danville's 5 TIF Districts. To see a map of the districts please see our informational brochure or the interactive map. 
Districts and Guidelines
Campus Corridor
Downtown
    
TIF Guidelines,  TIF Score Chart
East Voorhees
Midtown
    
TIF Guidelines,

​Western Gateway
    
TIF Guidelines
Application and General Info
The Following Incentives Apply to All TIF Districts,
​
​TIF Application
TIF General Information Sheet
TIF Project Evaluation Criteria
ENTERPRISE ZONES (EZ)
An Enterprise Zone is a designated area which the City has designated thru State Law to be ideal for certain types of economic development. Generally speaking Enterprise Zones are larger areas more geared toward mid-level to heavy-industrial development. However, any sized business located within a designated Enterprise Zone is eligible for the same incentives.
​
Unlike TIF, Enterprise Zones don’t generate funds from taxes to facilitate development improvements.  Incentives in Enterprise Zones are designed to reduce the up front costs of a project by waiving certain fees and authorizing tax abatements.  
​
​The following link contains specific information on The CIty of Danville's Enterprise Zone.
Danville Enterprise Zone
Sales Tax Credit form
Application for Property Tax Abatement
SPECIAL SERVICE AREA:
Special Service Area Financing, (SSA) is an instrument made available to communities within the State of Illinois whereby they can use a specially designated real estate tax to finance a capital improvement or additional service to a specific geographical area of their choice.

​The following link contains specific information on what types of projects are most commonly associated with SSA's.

The City of Danville Special Service Area

Contacts

City of Danville

Downtown Danville Inc

(217) 431-2873
TTerhune@cityofdanville.org
1155 E Voorhees Street, Suite A Danville, IL 61832
​http://www.cityofdanville.org/

Vermilion Advantage

(217) 442-6201
15 N. Walnut St. Danville, IL 61832
rhaun@vermilionadvantage.com
http://www.vermilionadvantage.com
(217) 213-6269
Info@downtowndanville.org
149 N. Vermilion St. Danville, IL 61832
https://www.downtowndanville.org/

Small Business Development Center at Dacc

217-442-7232
​​​sbdc@dacc.edu
2000 E. Main St. Danville, IL  61832​
http://www.dacc.edu/sbdc
Picture
City of Danville, Illinois
17 W. Main Street
Danville, IL 61832
Phone: (217) 431-2200
Fax: (217) 431-2237

Mayor Rickey Williams, Jr.
Phone: (217) 431-2400
mayor@cityofdanville.org
Police E-Mail Login
Employee Help Desk
Employee E-mail Login  |  © Copyright 2017, City of Danville, Illinois​
  • Government
    • Our Departments >
      • Public Affairs >
        • Mayor
        • City Clerk >
          • FOIA
        • City Treasurer
        • Code Enforcement
        • Finance
        • Human Relations
        • Human Resources
        • Information Technology
        • Legal
      • Public Safety >
        • Police
        • Fire
      • Public Works >
        • Streets
        • Sewers
        • Solid Waste >
          • Yard Waste
          • E-Waste
        • Parks >
          • Carver Park Calendar
          • Douglas Park Calendar
          • Ellsworth Park Calendar
          • Lincoln Park Calendar
          • Bandshell
        • Recreation >
          • Danville Stadium Calendar
          • Garfield Pool
          • Harrison Park Clubhouse
          • Softball
          • Fall Festival
        • Public Works Staff
      • Community Development >
        • Permits
        • Planning & Zoning
        • Grants Management
        • DATS
        • Engineering
        • Projects
        • Stormwater
        • Community Development Staff
      • Danville Mass Transit
    • City Council >
      • Aldermen
    • Elected Officials
    • Boards & Committees >
      • Public Services Committee
      • Public Works Committee
      • Boards Agencies Commissions
      • Historic Preservation Commission
    • Forms & Maps
    • Bids & RFP's
    • Budgets & Payscales
  • Residents
    • Neighborhood Associations
    • Youth Activities
    • Social Services
    • Our Schools
    • Bike Danville
    • Events
    • Arts and Culture
    • Downtown
    • Community Toolbox
    • Parks and Rec.
    • Public Comment
  • Visitors
  • Business
  • Online Services
  • Contacts