19. Financing & Management
Municipal Management District
Council appointed
Board of Directors
…created to supplement and not supplant…
•Ad Valorem Tax
•Assessment
•Impact Fee Local governance
•Financing
Opportunity
•Enhanced Core Services
•Added Amenities
•District Marketing
•Operations & Maintenance
•Select Capital Projects
20. Financing & Management
Tax Increment Financing
Tax
Increment
Property Tax
Value
New
$2,000 Post-TIRZ
$750
Value
$250
Base
$1,000 $1,000 $1,000
Value
Time
21. Financing & Management
Tax Increment Reinvestment Zone(s)
Council appointed
Board of Directors
•Project Plan
•Financing Plan Identify and Recommend
for Council approval
Partnership
Opportunity
•Major Capital Projects
