Primary Department: Housing and Community Development
Primary Department Head/Elected Official: Thao Costis
Secondary Department: N/A
Secondary Department Head/Elected Official: N/A
Regular or Supplemental RCA: Regular RCA
Type of Request: Transfer of Funds Only
Project ID (if applicable): N/A
Vendor/Entity Legal Name (if applicable): N/A
MWBE Contracted Goal (if applicable): N/A
MWBE Current Participation (if applicable): N/A
Justification for 0% MWBE Participation Goal: N/A - Goal not applicable to request
Grant Indirect Costs Rate (if applicable): N/A
Justification for 0% Grant Indirect Costs Rate (if applicable): N/A - Not a grant item
Request Summary (Agenda Caption):
title
Request for approval of payments of annual TIRZ revenue for Tax Year 2024 (for 2025), calculated by the Tax Assessor-Collector’s Office, for nine TIRZs in which the County currently participates, and of annual payment to the Harris County Redevelopment Authority (HCRDA) based on the agreement between Harris County, HCRDA, and Harris Co. Improvement District No. 18 (Springwoods Development).
end
Background and Discussion:
(City of Houston TIRZ No. 1 - St. George Place, TIRZ No. 3 - Main St.-Market Square, TIRZ No. 15 - East Downtown, TIRZ No. 18 -Fifth Ward, TIRZ No. 20 - Southwest Houston, TIRZ No. 23 - Harrisburg, TIRZ No. 24 - Greater Houston; City of Baytown TIRZ No. 1, and City of La Porte TIRZ No. 1)
Request for payments regarding the following:
A) annual Tax Increment Reinvestment Zone (TIRZ) payments to the various municipalities and the Harris County Redevelopment Authority (HCRDA) in accordance with Interlocal Agreements previously approved by Commissioners Court, on behalf of Harris County and Flood Control District, for tax year 2024, in the amounts shown in the table below.
B) Harris County’s annual Agreement payment to the HCRDA in accordance with the Agreement approved by Commissioners Court on October 23, 2012, between Harris County, HCRDA, and the Harris County Improvement District #18 (Springwoods Village Development), in the amount of $6,157,375. The payment will be disbursed by Harris County to the HCRDA, which will distribute the payment in accordance with the agreement.
|
HARRIS COUNTY |
|
|
|
Houston TIRZs (City Controlled) |
|
|
St. George Place #1 |
|
$2,054,459 |
|
Market Square #3 |
|
$307,913 |
|
East Downtown #15 |
$2,203,428 |
|
Fifth Ward #18 |
$41,370 |
|
Southwest Houston #20 |
$4,461,885 |
|
Harrisburg #23 |
$69,310 |
|
Houston TIRZ (HCRDA Controlled) |
|
|
Greater Houston #24 |
$7,429,541 |
|
Harris County - Houston TIRZs |
$16,567,906 |
|
|
|
|
|
|
Other Municipality TIRZs |
|
|
La Porte #1 |
|
$1,465,805 |
|
Baytown #1 |
|
$722,274 |
|
Harris County - Other TIRZs |
$2,188,079 |
|
|
|
|
|
|
TOTAL HARRIS COUNTY - ALL TIRZs |
$18,755,985 |
|
|
|
|
|
|
FLOOD CONTROL |
|
|
|
Houston TIRZs (City Controlled) |
|
|
Market Square #3 |
|
$39,136 |
|
Houston TIRZ (HCRDA Controlled) |
|
|
Greater Houston #24 |
$987,788 |
|
TOTAL FLOOD CONTROL - ALL TIRZs |
$1,026,924 |
|
|
|
|
|
|
TOTAL COUNTY & FLOOD -ALL TIRZs |
$19,782,909 |
|
Harris County Redevelopment Authority payment (Springwoods) |
$6,157,375 |
Expected Impact:
The payments of annual Tax Increment Reinvestment Zone revenue to seven City of Houston TIRZs and to the city of Baytown TIRZ and city of La Porte TIRZ will benefit the ongoing capital improvements, housing, and community development projects occurring in the respective zones. The annual payment to the HCRDA for the HCID No. 18 Springwoods development will support the on-going development of the master-planned community.
Alternative Options:
If the annual payments are not made, this would adversely affect the funding of capital projects, housing, and development agreements that rely on the annual revenue streams.
County Strategic Plan Goal: 6. Help residents achieve housing stability.
County Strategic Plan Objective: U: Build and preserve affordable housing, particularly for low-income families.
Justice/Safety Initiative (Goal 1): N/A
Infrastructure Initiative (Goal 2): N/A
Economy Initiative (Goal 3): N/A
Health Initiative (Goal 4): N/A
Climate/Resilience Initiative (Goal 5): N/A
Housing Initiative (Goal 6): N/A
Additional notes related to the Strategic Plan:
Prior Court Action (if any):
|
Date |
Agenda Item # |
Action Taken |
|
6/6/23 |
23-3159 |
Request for approval of payments of annual TIRZ revenue for Tax Year 2022 for five TIRZs in which the County currently participates and of annual payment to the Harris County Redevelopment Authority (HCRDA) based on the agreement between Harris County, HCRDA, and Harris Co. Improvement District #18. |
|
6/25/24 |
24-3707 |
Request by Housing and Community Development for payments of Annual TIRZ revenue for 2023 (for 2024), calculated by the Tax Assessor-Collector’s Office, for five TIRZs in which the County currently participates (City of Houston TIRZ #3 - Market Square, TIRZ No. 15 - East Downtown, TIRZ No. 24 - Greater Houston), and (City of Baytown TIRZ #1, and City of La Porte TIRZ #1); and, Transmittal of Annual Payment to the Harris County Redevelopment Authority (HCRDA) based on the Agreement between Harris County, HCRDA, and Harris Co. Improvement District #18 (Springwoods Development). |
Location:
Address (if applicable): N/A
Precinct(s): Countywide
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Fiscal and Personnel Summary |
|
Service Name |
|
|
|
|
Current Fiscal Year Cost |
Annual Fiscal Cost |
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|
Labor |
Non-Labor |
Total |
Recurring Expenses |
|
Funding Sources |
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|
Existing Budget |
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|
|
|
|
Other |
$ |
$6,157,375 |
$6,157,375 |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Total Existing Budget |
$ |
$6,157,375 |
$6,157,375 |
$ |
|
Additional Budget Request (Requires Fiscal Review Request Form) |
|
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Total Additional Budget Request |
$ |
$ |
$ |
$ |
|
Total Funding Sources |
$ |
$ |
$ |
$ |
|
Grants - Proposed Budget (To be filled out by Grants staff only) |
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|
Labor |
Non-Labor |
Total |
No. of Grant Years |
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Local Match Source - Existing Budget: Choose an item. |
$ |
$ |
$ |
|
|
Local Match Source - Additional Budget Request: Choose an item. |
$ |
$ |
$ |
|
|
Grant Funds Applied for/Awarded (Total) |
$ |
$ |
$ |
|
|
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 |
- |
- |
- |
- |
Anticipated Court Date: 6/12/2025
Anticipated Implementation Date (if different from Court date): Click or tap to enter a date.
Emergency/Disaster Recovery Note: Not an emergency, disaster, or COVID-19 related item
Contact(s) name, title, department: Rene Martinez, Executive Director, Harris County Redevelopment Authority
Attachments (if applicable): N/A