The goal of the Arlington Highlands Tax Increment Reinvestment Zone (TIRZ) is to construct needed public infrastructure improvements and encourage private development that will yield additional tax revenue to all jurisdictions. The Preliminary Financing and Project Plan outlines the funding for $16 million of needed public infrastructure to address traffic concerns in the area. The TIRZ funds these improvements through the ad valorem tax rate participation of eligible taxing jurisdictions, and a contribution of the City’s incremental sales tax from the revenue realized within the TIRZ.
