Alternate Financing

Public Improvement Districts (PID) and Tax Increment Refinancing Zones (TIRZ) both are ways to attract new projects and investments to a designated zone. For more information about PID and TIRZ financing, see the PID/TIRZ Presentation (PPTX) given at City Council meeting in December 2017.

A city could use one or both options to help to finance infrastructure and economic growth. The City of Hutto is considering PID and TIRZ financing for the development of the Co-Op District.