Extension of Revenue Allocation Area #4-3 to support Chobani expansion
Twin Falls
Summary
The Agency extended the Chobani tax increment district 15 years, to 2046, to fund roughly $59.8 million in roads, water, sewer, electrical and impact-fee improvements tied to Chobani's expansion. Taxing districts give up that increment until the district closes, but projections show it could retire early around 2040.
At a glance
- Total mentions
- 4
- Last 30 days
- 1
Discussed at 2 meetings in the last 60 days; most recently Oct 19, 2026.
Impact analysis
About $59.8 million in new TIF-supported infrastructure costs, plus existing obligations, funded by tax increment diverted from other taxing districts through 2046.
Chobani's expansion, plus surrounding development that gains roads, utilities and electrical capacity in east Twin Falls.
Overlapping taxing districts — schools, county, ambulance and others — forgo tax increment from the area until the district terminates.
Mentions & discussions (3)
Urban Renewal Agency - Oct 19, 2026
Commissioner McBride noted the Southwest district was stood up for a large industrial project that the city missed for lack of a shovel-ready site, and wants next year devoted to getting it ready — possibly through a new RFP.
Planning and Zoning Commission - Sep 15, 2026
The Urban Renewal Agency asked the commission to validate that its Revenue Allocation Area #4-3 First Amendment conforms with the city's comprehensive plan. This affects how tax increment funds are allocated in that urban renewal district.
Urban Renewal Agency - Aug 31, 2026
The Agency extended the Chobani tax increment district 15 years, to 2046, to fund roughly $59.8 million in roads, water, sewer, electrical and impact-fee improvements tied to Chobani's expansion. Taxing districts give up that increment until the district closes, but projections show it could retire early around 2040.
Related development
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