Legislation Details

File #: 24-7291    Version: 1 Name:
Type: Policy Status: Passed
File created: 11/4/2024 In control: Commissioners Court
On agenda: 11/12/2024 Final action: 11/12/2024
Title: Request for discussion and possible action regarding recommended processes and procedures for the creation or joining of a Tax Increment Reinvestment Zone.

Department: County Administration

Department Head/Elected Official: Diana Ramirez, County Administrator

 

Regular or Supplemental RCA: Regular RCA

Type of Request: Policy

 

Project ID (if applicable):

Vendor/Entity Legal Name (if applicable):

 

MWDBE Contracted Goal (if applicable): N/A

MWDBE Current Participation (if applicable): N/A

Justification for 0% MWDBE Participation Goal:  N/A - Goal not applicable to request

 

Request Summary (Agenda Caption):

title

Request for discussion and possible action regarding recommended processes and procedures for the creation or joining of a Tax Increment Reinvestment Zone.

 

end

 

Background and Discussion:

Tax Increment Reinvestment Zones (TIRZ) are a financial and policy tool that has been widely used in the Harris County-Houston region. In recent years, Harris County has become more active in the creation of County TIRZ and the participation in City of Houston created TIRZ. The purpose of this document is to provide guidance on the process and procedures for the County to create or join a TIRZ.

 

 

Expected Impact:

The attached guidance provides recommendations on procedures to provide additional transparency and clarity on what is needed to create or a join a TIRZ. The steps outlined are also intended to provide Court offices with additional information regarding the impact of prospective TIRZ activity.

 

 

Alternative Options:

Court can choose to direct OCA to continue to revise the recommended processes and procedures.

 

 

Alignment with Goal(s):

_ Justice and Safety

X Economic Opportunity

_ Housing

_ Public Health

_ Transportation

_ Flooding

_ Environment

X Governance and Customer Service

 

Prior Court Action (if any):

Date

Agenda Item #

Action Taken

 

 

 

 

Location:

Address (if applicable):

Precinct(s): Choose an item.

 

Fiscal and Personnel Summary

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Current Fiscal Year Cost

Annual Fiscal Cost

 

Labor

Non-Labor

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Recurring Expenses

Funding Sources

 

Existing Budget

 

 

 

 

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Total Current Budget

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Additional Budget Request (Requires Fiscal Review Request Form)

 

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Total Additional Budget Request

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Total Funding Request

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Personnel (Fill out section only if requesting new PCNs)

 

Current Position Count for Service

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Additional Positions Request

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Total Personnel

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Anticipated Court Date: November 12, 2024

Anticipated Implementation Date (if different from Court date):

 

Emergency/Disaster Recovery Note: Choose an item.

 

Contact(s) name, title, department: Jesse Dickerman, Managing Director, Office of County Administration

 

Attachments (if applicable): TIRZ Process & Procedures