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CITY OF SAGINAW
BUDGET HIGHLIGHTS
2022-2023
TAX INCREMENT REINVESTMENT ZONE FUND
The Tax Increment Reinvestment Zone Fund will be created in FY 2022-2023 to track ad valorem
tax revenue derived from the incremental valuation increase of the property within the zone. The
City of Saginaw, Tarrant County, and Tarrant County College District are participating at 50%. The
receipts will remain in the fund until an appropriate expense is approved by the Board of
Directors.
Estimated collections in this first year are budgeted to be $12,165.
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