| Tax
Increment Finance District (TIF)
Fort Worth TIF
#4 was created in 1997 to serve as an economic development
tool to attract new investment.
The Project and Finance Plans for the TIF are available
on this site for more detailed review.
Simply, the TIF
captures incremental tax revenues that flow from appreciating
property values within the TIF District over itís 25 year
life. TIF #4
will generate $60 million over its remaining 20 year life.
These funds can be spent only on public infrastructure
improvements within the district that support new private
and public development projects.
The Project Plan indicates how these funds will be
used.
Fort Worth South,
Inc. has been designated the Administrator of the TIF.
Inquiries should be directed to Paul Paine, (817) 923-1649
or [email protected].
TIF
Project Plan -1/04
TIF
#4 Map
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