Funding sources for local governments are limited. The Montana Legislature recognized this fact in 1974 when it adopted Montana’s first tax increment financing laws. Tax increment financing (TIF) was first approved for use by cities and towns as a method to fund urban renewal. Over the last forty years, the purposes for which TIF could be used have grown and changed significantly. Today TIF can be used to fund infrastructure improvements to promote urban renewal and to encourage or retain value-adding industry. Current businesses in the TIF District are Selway Corporation and B.E. Forest Products.