Tax Increment Reinvestment Zone (TIRZ)

A Tax Increment Reinvestment Zone (TIRZ) is a tool that local governments can use to publicly finance needed structural improvements and enhanced infrastructure within a defined area. These improvements usually are undertaken to promote the viability of existing businesses and to attract new commercial enterprises to the area.

The City of Justin approved the creation of TIRZ #1 on December 14, 2023. A Public Hearing was held on November 9, 2023, and another Public Hearing was held on December 14, 2023. The area designation can be seen below by clicking the “TIRZ” layer on the GIS Zoning Map.


GIS MAP

City of Justin Comprehensive Interactive Map (arcgis.com)


December 14, 2023, Council Meeting

https://justintx.new.swagit.com/videos/291476


Next Steps

The City Council will consider adoption of a final plan for TIRZ 1. The adoption of this plan is tentatively set for January 2025. However, City Council can always approve the Final Plan at an earlier date.