| Increase taxable value in urban TIF DistrictsED-Economic Development |
Measure Definition & Importance |
The percentage increase in the City property tax revenue generated by all target areas (such as Tax Increment Finance Districts) as a measure of the increased (or decreased) tax base contributed by the area. The measure serves as an indicator of the overall level of investment and property values within an area.
Analysis | |
Year-over-year % growth of City property tax revenue within targeted areas |
Service Areas |
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ED.1.3 Community Vitality
ED-Economic Development
City property tax revenue within targeted areas |
Attachments |
Measure Data | Last Calculated 5 months ago |
| Period | | Status | % change in property tax revenue in targeted areas | $ property tax revenue in targeted areas | Overall Target | High Variance (FY Target) | Low Variance |
|---|---|---|---|---|---|---|---|
| FY2013 |  | Monitoring/No Info | 5.00% | 3.00% | 1.00% | ||
| FY2014 | | Monitoring/No Info | $ 15,856,669.63 | 5.00% | 3.00% | 1.00% | |
| FY2015 |  | On Target | 11.76% | $ 17,720,844.58 | 5.00% | 3.00% | 1.00% |
| FY2016 | | On Target | 22.20% | $ 21,655,067.78 | 5.00% | 3.00% | 1.00% |
| FY2017 | | On Target | 11.95% | $ 24,243,308.90 | 5.00% | 3.00% | 1.00% |
| FY2018 | | On Target | 18.16% | $ 28,645,396.70 | 5.00% | 3.00% | 1.00% |
| FY2019 | | On Target | 17.64% | $ 33,698,114.47 | 8.00% | 5.00% | 3.00% |
| FY2020 | | Monitoring/No Info | 8.00% | 5.00% | 3.00% | ||
| FY2021 | | Not Defined | |||||
| FY2022 | | Not Defined |
Data Source Details & Calculation Information |
The data is found in the Economic Development Department's shared folder in an Excel file named Targeted Areas Annual Performance. The measures contained within the file is generated using data from the Tarrant Appraisal District.
Actual = ((Current period's property tax $ - previous year's same period property tax revenue)/previous year's same period property tax revenue)*100
(all within target area boundaries only)
Performance Liaison |
| RP | Ryan Pohler (ED-Economic Development) |
Measure Type |
Data Owner |
Measure ID |
331782
Performance Liaison Notes |
Administrator Notes |