Tex. Local Gov't Code Section 386.102
Duty to Evaluate Available Financing Options

The board shall evaluate all options available to the development zone as alternatives to imposing a tax under Section 386.035 (Tax Increment), including:

(1)

regional grants from federal and state agencies;

(2)

local money from a creating body;

(3)

money from charities;

(4)

sales taxes for economic development in the development zone;

(5)

use or impact fees on affected business entities;

(6)

incentives for business entities that may benefit from the development zone;

(7)

money provided by local governmental entities; and

(8)

in-kind contributions.
Added by Acts 2001, 77th Leg., ch. 1390, Sec. 1, eff. June 16, 2001.

Source: Section 386.102 — Duty to Evaluate Available Financing Options, https://statutes.­capitol.­texas.­gov/Docs/LG/htm/LG.­386.­htm#386.­102 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 386.102’s source at texas​.gov