It seems that the city is using Tax Increment Reinvestment Zones more and more as a way to finance private ventures.
The TIRZ allow any increase in property values and the resultant increase in taxes to be funneled into the TIRZ and away from the general fund.
Items 11.1, 11.2 and 11.3 on the Tuesday, March 3, 2020 city council agenda dealt with the expansion of existing TIRZs.
Item 11.1 added 595 acres to TIRZ six–Medical Center of the Americas.
Items 11.2 and 11.3 dealt with TIRZ thirteen. They added more land and increased the amount that will be diverted from the general fund.
We deserve better