Tax Increment Financing Districts (TIFs)

An image of Heritage Trace Parkway for the TIF page

Tax increment financing is a tool authorized by Chapter 311 of the Texas Tax Code by which local governments can publicly finance needed structural improvements and enhanced infrastructure within a defined area called a reinvestment zone.

For more information about this tool, view the City of Fort Worth's adopted TIF Policy(PDF, 189KB).

  • The tax increment is derived from the difference in appraised value between the year in which the reinvestment zone is established (base year) and each year the reinvestment zone is in existence.
  • A municipality establishes a TIF reinvestment zone according to guidelines in the Texas Tax Code and other taxing entities elect to participate in TIF by approving a participation agreement, which sets forth the percentage of tax increment the taxing entity is willing to dedicate to the TIF fund.
  • A board of directors, consisting of 5 to 15 members who are representatives from the participating taxing entities and representatives of other areas as set forth in the Tax Code, is established for each TIF.

TIF 2: Speedway

TIF2_2.jpg

TIF 2 (Speedway) was created as a means to purchase the Texas Motor Speedway (TMS) and finance needed public improvements within the TIF district boundary. The TIF district was expanded in 1999 to provide for the construction, renovation and operation of educational facilities located in the Northwest ISD tract, and to provide for additional infrastructure work such as street improvements, drainage, and traffic signs.

Date Created: Dec. 19, 1995; expanded Aug. 10, 1999
End of Term: Dec. 31, 2035
Total Acreage: 1,490 acres (568 in TIF 2A; 921 in TIF 2B)

Property Description: Located west of Interstate 35W off of State Highway 114 in Denton County.

Projects: A total of $5 million of the balance has been committed to the following projects:

  • Texan Drive widening near Northwest ISD: To accommodate increased student traffic at Northwest High and Gene Pike Middle School, NISD is widening Texan Drive to add a center turn lane and improve traffic flow. This project also enhances access to F.M. 156 and Highway 114, while benefitting Fire Station #11 with a direct route to the highway. The project cost is $2 million.
  • Traffic Signal Installation at Highway 114 and Championship Parkway: New traffic signals will be installed at Highway 114 and Championship Parkway to address high traffic volumes. Denton County will fund the design and cover 50% of the cost, with the City of Fort Worth managing the project. The total budget is $1.5 million, with completion expected by Winter 2027/2028.
  • Texas Motor Speedway Road and Landscaping Improvements: This project includes removing 81 trees, repairing roadways along Lone Star Circle and South Allison Avenue, and adding eco-friendly landscaping and digital signage. These updates will improve access for NASCAR fans and daily visitors to the Speedway. The estimated cost is $1.5 million.

Project and Financing Plan

Last amended Oct. 29, 2002. 

Download the full plan (PDF, 7MB)

 

Financial Information

Base Value $5,084,127
2024 Taxable Value $175,920,116
Percent Growth 12.17%
 FY25 Denton County Contribution  $81,920
 FY25 Northwest ISD Contribution  $1,384,148

Level of Participation by Entity

City of Fort Worth Fulfilled
Tarrant County Hospital District Fulfilled
Tarrant County College District Fulfilled
Denton County 100% (Capped)
Northwest ISD  100%

Board Members

  • Chair: Alan Blaylock, District 10 Councilmember
  • Vice Chair: Charles Lauersdorf, District 4 Councilmember
  • Rob. D. Ramage, City of Fort Worth
  • Terri Cartwright, City of Fort Worth
  • Neil Barrow, City of Fort Worth
  • Appointee, Northwest ISD
  • State Representative or Designee
  • Appointee, Denton County
  • State Senator or Designee

TIF 3: Downtown

TIF13_1.jpgDate Created: Dec. 19, 1995
End of Term: Dec. 31, 2044
Total Acreage: 279 (TIF 3); 128 (TIF 3A)

 

Property Description: Generally bounded to the north by the Trinity River, east by the Burlington Northern Santa Fe Railroad (BNSF), south by Lancaster Avenue, Calhoun Street, Seventh Street, Burnett Street, and Third Street, and west by Henderson Street and Weatherford Street.

Projects: Historic preservation through façade leases (for example, Ashton Hotel, Jett Land and Title), environmental remediation (for example, the Tower), utility relocation and removal (for example, the Marriott Hotel site), streetscape improvements to create a pedestrian friendly environment (for example, Cassidy Corner, Trinity Bluff), Santa Fe Freight House operations. Sundance Square plaza, parking garage leases, affordable housing (including Hunter Plaza), hotel development (including the Sinclair Hotel, AC Hotel, and Kimpton Harper), residential density and parking incentives, infrastructure and transportation improvements to ease transit accessibility, retail façade matching grants, school support, signage, park design and improvements (ex. Heritage Park) and administration.

Project and Financing Plan

Last amended Nov. 6, 2024. 

Download the full ordinance and project financing plan (PDF, 986KB)

 

Financial Information

Base Value $322,440,637
2024 Taxable Value $1,303,483,513
Percent Growth 347.5%
 FY25 City of Fort Worth Contribution $3,298,757

Level of Participation by Entity

City of Fort Worth 50%
Tarrant County Hospital District 0%
Tarrant County College 35%
Regional Water District 35%
Tarrant County 35%
Fort Worth ISD 0%

 

Board Members

  • Chair: Elizabeth Beck, District 9 Councilmember
  • Vice Chair: Macy Hill, District 7 Councilmember
  • Johnny Campbell, City of Fort Worth
  • Bob Jameson, City of Fort Worth
  • State Representative or Designee
  • Appointee, Tarrant Regional Water District
  • Appointee, Tarrant County College District
  • State Senator or Designee
  • Appointee, Tarrant County Hospital District

TIF 4: Southside / Medical District


TIF4_2.jpgDate Created:Nov. 25, 1997
End of Term:Dec. 31, 2032Total Acreage:1,278

Property Description: Generally bounded to the north by Interstate 30 and Vickery Boulevard, and to the south by Allen Street and West Arlington Avenue. The TIF extends east of Interstate 35W to Kentucky and Evans Avenues, and to the Fort Worth & Western Railroad to the west. 

Projects: Business development and retail (ex. The Nobleman Hotel, Katy Depot Biotech, Proof at 901 W. Vickery, Main & Broad), parks (ex. Fire Station Park, Crawford Park or "The Skinny", Watts Park), residential (ex. The Vickery, Thrive on Crawford, Siddons Place, The Bowery, Mistletoe Station), schools (ex. Trimble Tech and Lily B. Clayton renovations), signage (ex. Wayfinding program), streetscapes and transportation infrastructure (ex. South Main and Rosedale underpasses, Near Southside and Historic Southside street repair programs, Magnolia, Rosedale, South Main and Park Place), parking structures (Magnolia Green garage) and administration.

Project and Financing Plan

Last amended Nov. 8, 2022.

Download the full ordinance and financing plan(PDF, 24MB)

Financial Information

Base Value $229,759,626
2024 Taxable Value $1,658,917,576
Percent Growth 669%
FY25 City of Fort Worth Contribution $2,757,944.04

Level of Participation by Entity:

City of Fort Worth 30%
Tarrant County Hospital District Fulfilled
Tarrant County College Fulfilled
Regional Water District Fulfilled
Tarrant County Fulfilled
Fort Worth ISD Fulfilled

Board Members

  • Chair: Elizabeth Beck, District 9 Councilmember
  • Vice Chair: Chris Nettles, District 8 Councilmember
  • Roy C. Brooks, City of Fort Worth
  • Rory Maguire, City of Fort Worth
  • Shannon Fletcher, City of Fort Worth
  • Kathleen Culebro, City of Fort Worth
  • Shawn Lassiter, City of Fort Worth
  • Kristen Camareno, City of Fort Worth
  • Chuck Bouligny, City of Fort Worth

TIF 8: Lancaster

TIF8_1.jpgDate Created: Dec. 9, 2003
End of Term: Dec. 31, 2044
Total Acreage: 220

Property Description: Generally bounded to the north by Seventh and Third streets, to the south by Interstate 30, east by Calhoun Street and west by Henderson Street.

View the boundary map(PDF, 404KB)

 

Projects: Public improvements associated with mixed use projects, full service hotels, transit oriented development, historic preservation, mixed income housing, T&P Terminal and T&P Warehouse reuse; streetscape improvements; public amenities such as plazas or parks; administration; environmental remediation; public infrastructure associated with Lancaster Avenue redevelopment, including street improvements, utility relocations, parking improvements and landscaping of public areas; public art. Also includes new and expanding Texas A&M-Fort Worth campus and plans for the financing and construction of improvements to the Fort Worth Convention Center.

Project and Financing Plan

Last amended Oct. 15, 2024. 

Download the full plan(PDF, 951KB)

Financial Information

Base Value $178,938,722
2023 Taxable Value $937,631,993
Percent Growth 409.3%
FY24 City of Fort Worth Contribution $2,551,106

Level of Participation by Entity

City of Fort Worth 50%
Tarrant County Hospital District 0%
Tarrant County College 35%
Regional Water District 35%
Tarrant County 35%

Board Members

  • Chair: Elizabeth Beck, District 9 Councilmember
  • Vice Chair: Macy Hill, District 7 Councilmember
  • Bob Jameson, City of Fort Worth
  • Johnny Campbell, City of Fort Worth
  • Nicole Collier or Designee, City of Fort Worth
  • Kelly Hancock or Designee, City of Fort Worth
  • Appointee, Tarrant Regional Water District
  • Appointee, Tarrant County
  • Appointee, Tarrant County College District

TIF 9: Trinity River Vision

TIF9_1.jpgDate Created: Dec. 16, 2003 by City Council; expanded Dec. 15, 2009
End of Term: Dec. 31, 2054
Total Acreage: 1,380 (TIF 9A); 2,600 (TIF 9B)

Property Description: Generally bounded to the north by Northeast 23rd Street and to the south by West Lancaster Avenue.

View the boundary map(PDF, 374KB)

 

Projects: The primary goal for the central city project is flood control, while secondary goals include continuity of trails, enhanced open space and recreational areas, linkages to nearby neighborhoods, conservation and environmental restoration for improved water quality and wildlife habitat. The bypass channel will generally follow the current path of the Fort Worth & Western Railroad, and when combined with the historic Oakwood Cemetery will provide greenspace that transitions between the proposed urban developments and the historic near northside neighborhoods. In addition to the flood improvement infrastructure constructed in the near northside area, the central city project also calls for improvements within the existing Trinity River corridor to manage flood waters and provide a better use of the flood plain for the public. The project will address the efficiency of the new bypass channel with excavation, fill, and ecosystem restoration enhancements that will provide hydraulic valley storage for the project. These multi-purpose sites will also provide recreation and transportation improvements.

 

The City of Fort Worth and its partnering taxing entities, along with Downtown Fort Worth Inc. and Streams & Valleys, engaged HR&A Advisors to provide analysis and consulting services that will guide the future development of Panther Island; TIF 9 has accepted for reimbursement approximately $8 million in costs for this project.

 

 

Project and Financing Plan

Last amended Sept. 13, 2022.

Download the full ordinance and financing plan(PDF, 27MB)

 

Financial Information

Base Value $130,744,298
2023 Taxable Value $1,026,492,399
Percent Growth 742.9%
FY24 City of Fort Worth Contribution $4,251,317

Level of Participation by Entity

City of Fort Worth 80%
Tarrant County Hospital District 80%
Tarrant County College 80%
Regional Water District 80%
Tarrant County 80%

Board Members

  • Chair: Carlos Flores, District 2 Councilmember
  • Vice Chair: Macy Hill, District 7 Councilmember
  • Alan Blaylock, District 4 Councilmember
  • Gary Walker, City of Fort Worth
  • Carlos Gonzalez-Jaime, City of Fort Worth
  • Sara Lancarte, City of Fort Worth
  • Roy C. Brooks, City of Fort Worth
  • Lauren Deen, City of Fort Worth
  • G.K. Maenius, City of Fort Worth
  • Felipe Gutierrez, City of Fort Worth
  • Leah King, City of Fort Worth
  • Appointee, Tarrant County
  • Appointee, Tarrant County College District
  • Appointee, Tarrant Regional Water District
  • Appointee, Tarrant County Hospital District

TIF 12: East Berry Renaissance

TIF12_3_1.jpgDate Created: June 18, 2006
End of Term: December 31, 2027
Total Acreage: 604

Property Description: East Berry Street from I-35 to 287 including the Renaissance Heights Development and the Berry-Riverside Urban Village areas.

Projects: This TIF supports the development of the Masonic Home of Texas School Property into the Renaissance Heights purpose-built community, which includes the Renaissance Square commercial project, Mason Heights mixed-use (including Columbia Residential's multi-family and senior living), the YMCA, and the new All Church Home office facilities. The master developer is looking to bring the final phase of the project before the TIF board in 2023, which will include housing, commercial and park improvements. Other projects include supporting improvements to East Berry Street, like the East Berry Corridor Design & Planning Study and the redevelopment of commercial properties along the corridor, such as Men's Collections at 1108 E. Berry Street. The TIF currently supports the E. Berry Master Corridor Transformation Plan from I-35 to Lake Arlington. 

 

Project and Financing Plan

Effective June 19, 2007.
 

Download the full plan(PDF, 325KB)

Financial Information

Base Value $29,176,323
2024 Taxable Value $209,148,157
Percent Growth 616.8%
FY25 City of Fort Worth Contribution $1,131,310

Level of Participation by Entity

City of Fort Worth 100%
Tarrant County Hospital District 80%
Tarrant County College 50%
Regional Water District 100%
Tarrant County 100%

Board Members

  • Chair: Chris Nettles, District 9 Councilmember
  • Vice Chair: Mia Hall, District 6 Councilmember
  • Wayne Carson, City of Fort Worth
  • David Salgado, City of Fort Worth
  • Dennis Ruiz, City of Fort Worth
  • Marie Love, City of Fort Worth
  • Carol Klocek, City of Fort Worth
  • Appointee, Tarrant County
  • Appointee, Tarrant Regional Water District
  • Appointee, Tarrant County College District
  • Appointee, Tarrant County Hospital District   

TIF 13: Woodhaven

      Woodhaven Neighborhood Conservation Plan

 

Learn more about the Woodhaven Neighborhood Conservation Plan, which will chart a long-term course for continued investment in the community and create a unified vision for its future.

      

Date Created: Nov. 27, 2007
End of Term: Dec. 31, 2028
Total Acreage: 1,100

Property Description: Generally bounded by the Trinity River to the north, Interstate 820 to the east, Interstate 30 to the south, and Willow Ridge Road to the west. 

View the boundary map(PDF, 363KB)

 

Projects: This TIF was created to help fund public infrastructure improvements that will provide a "foundation for development" to encourage and support the long-term public needs of the neighborhood, and secure mixed-use economic growth opportunities in the Woodhaven area. Past projects have included sidewalk repairs, planting trees throughout the district as part of the Texas Blossoms project, and increased lighting. During 2023, EMC Development pulled 14 single-family home permits for the Woodhaven area, and in 2024, they completed the second phase of their Highwood Village project, pulling permits for 14 additional single-family homes.

During 2024, the City of Fort Worth partnered with Interface Studios, Ninigret Partners and The Collaborative Fort Worth to conduct a Conservation Plan Study, which will chart a long-term course for continued investment in the Woodhaven neighborhood while also creating a unified vision and identify shared priorities for the future of the community. The draft plan is expected to be finalized at the end of 2024, and presented to the public in early 2025.

 

Project and Financing Plan

Effective Oct. 20, 2015.
 

Download the full ordinance and financing plan(PDF, 2MB)

Financial Information

Base Value $181,859,151
2024 Taxable Value $548,537,356
Percent Growth 201.6%
FY25 City of Fort Worth Contribution $2,664,770

Level of Participation by Entity

City of Fort Worth 100%
Tarrant County Hospital District Fulfilled
Tarrant County College 50%
Regional Water District 100%
Tarrant County 100% (Capped)

Board Members

  • Chair: Deborah Peoples, District 5 Councilmember
  • Vice Chair: Jeanette Martinez, District 11 Councilmember
  • Ken Newell, City of Fort Worth
  • Joyce Thomas, City of Fort Worth
  • Sandra McGlothlin, City of Fort Worth
  • Krista Daniels, City of Fort Worth
  • John Bartosieiwcz, City of Fort Worth
  • Appointee, Tarrant County
  • Appointee, Tarrant Regional Water District
  • Appointee, Tarrant County College District
  • Appointee, Tarrant County Hospital District

TIF 14: Trinity Lakes

Date Created: Nov. 12, 2012
End of Term: Dec. 31, 2032
Total Acreage: 1,800

Property Description: Generally located along Trinity Boulevard east of Loop 820 to just beyond Norwood Drive.

View the boundary map(PDF, 260KB)

 

Projects: This TIF was established to support improvements to arterials (Trinity Boulevard and Precinct Line Road), the Trinity Trail system, and other eligible projects that help encourage redevelopment in the Trinity Lakes area as a transit-oriented development.

 

Project and Financing Plan

Effective Feb. 5, 2013.
 

Download the full plan(PDF, 496KB)

Financial Information

Base Value $35,035,971
2024 Taxable Value $394,685,077
Percent Growth 1026.5%
FY25 City of Fort Worth Contribution $1,983,983

Level of Participation by Entity

City of Fort Worth 85%
Tarrant County Hospital District 0%
Tarrant County College 0%
Regional Water District 85%
Tarrant County 50%

Board Members

  • Chair: Deborah Peoples, District 5 Councilmember
  • Vice Chair: Jeanette Martinez, District 11 Councilmember
  • Casey Lane, City of Fort Worth
  • Brandon Brewer, City of Fort Worth
  • Mike Brennan, City of Fort Worth
  • Appointee, Tarrant County
  • Appointee, Tarrant Regional Water District

TIF 15: Stockyards / Northside

Date Created: Dec. 2, 2014
End of Term: Dec. 31, 2034
Total Acreage: 925

Property Description: Approximately 925 acres in the northern area of Fort Worth, this TIF encompasses property that is generally bounded by Northwest 30th Street to the north, Interstate 30 frontage road to the east, North Grand Avenue to the south, and Clinton Avenue to the west. This area includes major intersections such as North Main and 28th Street, and North Main and Northside Drive. It also includes the Historic Fort Worth Stockyards District.

View the boundary map(PDF, 314KB)

 

Projects: The Stockyards/Northside TIF was created to support public improvements and other investments that promote the preservation and revitalization of the Fort Worth Stockyards and Northside districts. In general, projects targeted for support include mixed-use development, adaptive reuse, transit-oriented development, streetscape improvements, redevelopment along major commercial corridors, historic preservation or restoration, transportation improvements, mixed-income housing, pedestrian linkages, and certain public amenities. Projects supported to-date include utility and streetscape improvements to Mule Alley and East Exchange Street, preservation and reactivation of the historic Isis Theater, and financing for future Western sports arenas.

Project and Financing Plan

Effective Aug. 4, 2015.

Download the full ordinance and financing plan(PDF, 2MB)

Financial Information

Base Value $173,277,642
2024 Taxable Value $728,221,820
Percent Growth 320.3%
FY25 City of Fort Worth Contribution $1,354,245

Level of Participation by Entity

City of Fort Worth 50%
Tarrant County Hospital District 0%
Tarrant County College 50%
Regional Water District 50%
Tarrant County 50%

Board Members

  • Chair: Carlos Flores, District 2 Councilmember
  • Vice Chair: Jeanette Martinez, District 11 Councilmember
  • Teresa Ayala, City of Fort Worth
  • Frost Prioleau, City of Fort Worth
  • Pam Minick, City of Fort Worth
  • Al Saenz, City of Fort Worth
  • Appointee, Tarrant County
  • Appointee, Tarrant County College District
  • Appointee, Tarrant Regional Water District

TIF 16: Veale Ranch

Date Created: Sep. 12, 2023
End of Term: Dec. 31, 2051
Total Acreage: 5,200

Property Description: The Veale Ranch TIF comprises approximately 5,200 acres of land and is located north of Bear Creek Drive, east of Farm Market 1187, south of Aledo Road, and west of Highway 377 South.

Projects: The Veale Ranch TIF was established to support a master-planned development of the area , including (i) offsetting or paying a portion of any assessments levied within the Development to achieve a desired tax rate equivalent for the Veale Ranch PID for each Improvement Area; (ii) providing incremental funding for public infrastructure not funded by, or in lieu of, the Veale Ranch PID; (iii) providing economic development incentives in alignment with the City's then current economic incentives policy; and (iv) further promoting development within the boundaries of the Veale Ranch TIF.

Project and Financing Plan

Effective Nov. 14, 2023.

Download the full plan(PDF, 4MB)

Financial Information

2023 Base Value  $2,115,939
2025 Taxable Value $72,456,905

Level of Participation by Entity

City of Fort Worth 65% (Contributed $0 this FY)
Tarrant County 50% (Contributed $0 this FY)

Board Members

  • Chair: Michael Crain, District 3 Councilmember
  • Vice Chair: Macy Hill, District 7 Councilmember
  • Carlos Flores, City of Fort Worth
  • Charles Lauersdorf, City of Fort Worth
  • Mia Hall, City of Fort Worth
  • State Representative or designee
  • State Senator or designee
  • Roy C. Brooks, City of Fort Worth
  • Mike Hale, City of Fort Worth

TIF 17: Near West Side

Date Created: June 10, 2025
End of Term: December 31, 2045
Total Acreage: 356

 

Property Description: The Near West Side TIF comprises approximately 356 acres of land covering the geographic area north of Trail Drive and Trinity Park Drive, east of Bailey Avenue and University Drive, south of White Settlement Road and the Trinity River, and west of the railroad line. 

View the boundary map(PDF, 511KB)

 

Projects: Potential projects could include stormwater and flood control improvements, road and streetscape improvements, public safety improvements, parking improvements, and the preservation, restoration, adaptive reuse and modernization of Farrington Field. All proposed projects are subject to TIF Board approval on a case-by-case basis.

Project and Financing Plan

Effective June 10, 2025.

 

Download the preliminary project plan and financing plan(PDF, 1MB)

Level of Participation by Entity

City of Fort Worth 50%
Tarrant County 35%
Tarrant County College 35%
Tarrant Regional Water District 35%
Fort Worth ISD 35%

 

Board Members

  • Chair: Macy Hill, District 7 Councilmember
  • Vice Chair: Elizabeth Beck, District 9 Councilmember
  • Moody Younger, City of Fort Worth
  • Kyle Blair, City of Fort Worth
  • Marcus Paslay, City of Fort Worth
  • Manny Ramirez, City of Fort Worth
  • Pamela Anglin, City of Fort Worth
  • Susan Alanis, City of Fort Worth 
  • Kellie Spencer, City of Fort Worth

TIF 18: Walsh Ranch

Date Created: Nov. 11, 2025
End of Term: Dec. 31, 2107
Total Acreage: 7,191.562

Property Description: Generally located north of Aledo Road, south of White Settlement Road, east of Farmer Road and FM 1187, and west of Interstate 820 and State Highway 377. Located within the corporate limits and extraterritorial jurisdiction of the City of Fort Worth in both Parker and Tarrant Counties.

Projects: Proposed projects are being considered to support public infrastructure improvements, including assisting with the acceleration of completing major regional road, water, sewer, and drainage projects.

Project and Financing Plan

Coming soon!

View the ordinance establishing TIF 18 (M&C 25-1057)

Level of Participation by Entity

Coming soon!

Board Members

  • Chair: Michael Crain, District 3 Councilmember
  • Vice Chair: Michael Moore
  • Cadell Alexander, City of Fort Worth
  • Cody Ortowski, City of Fort Worth
  • William Ulrich, City of Fort Worth  

 

 

Terminated / Expired TIFs

TIF 6: Riverfront

TIF6_1_1.jpg Date Created: Nov. 12, 2002
Date of Termination: Feb. 25, 2025 (Termination ordinance(PDF, 165KB))
Total Acreage: 63.6

Property Description: Generally bounded by the Trinity River to the north, Weatherford Street to the south, Franklin Street to the east and Henderson Street to the west.

Projects: Property acquisition; utility relocations and upgrades; pedestrian and streetscape improvements; roadway and storm drain improvements; public plaza, waterfront development; and demolition.

Project and Financing Plan

Approved on March 4, 2003. 

Download the full ordinance and financing plan(PDF, 2MB)

Financial Information

Base Value $2,822,348
Final Value at Time of Termination  Coming soon!
Total Increase in Taxable Value to Date  Coming soon!
Percentage Increase in Taxable Value  Coming soon!
Total Revenues Produced by Termination of TIF   Coming soon!

TIF 10: Lone Star

TIF10_2.jpg Date Created: June 15, 2004
Date of Termination: Jan. 28, 2025 (Termination ordinance(PDF, 629KB))
Total Acreage: 981

Property Description: Generally bounded to the north by Westport Parkway, to the east by Alta Vista Road, and to the west by North Freeway.

Projects:TIF 10 was created to finance the development of public space and infrastructure on and near the site of Cabela's, a 200,000-square foot hunting and outdoor retail facility in north Fort Worth.

  • Revenues from TIF 10 were initially dedicated to financing public improvements and exhibition space that supported Cabela's development. Currently, no further development projects can be funded by TIF resources, as all amounts collected are being used to pay down the existing infrastructure costs.
  • Cabela's purchased the bonds that provided the upfront funding for the project. These bonds were backed by tax increments collected within the TIF district.
  • In accordance with the terms of the Indenture of Trust, any remaining unpaid principal and interest on the bonds will be forgiven as of July 1, 2024, if the trust estate is insufficient to cover these amounts. As of the bond maturity, the trust estate lacked sufficient funds to fully pay the outstanding principle and interest, resulting in the following unpaid amounts that are now considered forgiven:
    • Principal: $31,617,000
    • Interest: $28,377,718.02 (Accrued as of Sept. 30, 2024)

Project and Financing Plan

Download the full ordinance and financing plan(PDF, 4MB)

Financial Information

Base Value $16,073,937
Final Value at Time of Termination  Coming soon!
Total Increase in Taxable Value to Date  Coming soon!
Percentage Increase in Taxable Value  Coming soon!
Total Revenues Produced by Termination of TIF   Coming soon!

 

 

Contact Information

Isabel Villegas

TIF Administrator

 

Phone: 817-392-6021

Email: maria.villegas@fortworthtexas.gov

Annual Reports

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