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Posted on: April 23, 2018

What is a Tax Increment Reinvestment Zones (TIRZ)?

Gateway Web

TIRZ. No, it’s not the name of the latest video game console, or a new popular sports statistic. It’s an economic development tool used by the City of Forney, which stands for “Tax Increment Reinvestment Zone”. There has been a lot of discussion lately about the TIRZ within the City and it can be a relatively complex subject to understand but to help everyone better understand what the TIRZ is, does, and how it works, we have some FAQ’s that are sure to help! The City have future meetings discussing the TIRZ and invite all residents to attend. For more information about the TIRZ and to read some of the FAQ’s, please visit https://tx-forney.civicplus.com/DocumentCenter/View/3183.    

TIRZ FAQ's