Page 37 - CityofSaginawFY25Budget
P. 37

CITY OF SAGINAW

                                          BUDGET HIGHLIGHTS

                                                      2024-2025




      TAX INCREMENT REINVESTMENT ZONE FUND


          The Tax Increment Reinvestment Zone Fund was 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 are budgeted to be $171,420.































































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