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Texas Local Government Code - LOC GOV'T § 386.102. Duty to Evaluate Available Financing Options

Current as of January 01, 2024 | Updated by Findlaw Staff

The board shall evaluate all options available to the development zone as alternatives to imposing a tax under Section 386.035, 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.

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Cite this article: FindLaw.com - Texas Local Government Code - LOC GOV'T § 386.102. Duty to Evaluate Available Financing Options - last updated January 01, 2024 | https://codes.findlaw.com/tx/local-government-code/loc-gov-t-sect-386-102/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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