TIRZ 4-1-26

The City of Pflugerville held a TIRZ (Tax Increment Reinvestment Zone) board meeting on April 1, 2026, focusing primarily on the overview and status of the TIRZ 4-1-26. The meeting included a detailed presentation by Hosill and Associates on the purpose, history, and financial status of the reinvestment zone, highlighting its use as a flexible public financing tool to support infrastructure and development projects. Key procurement-related discussions involved the growth in captured appraised value and revenues, bond issuances to reimburse developers, and the policy framework guiding eligible projects and reimbursements. The board reviewed quarterly development updates across multiple subdistricts, including ongoing construction projects such as the new city hall and data centers. Financial discussions covered the current revenue, expenditures, cash on hand, and debt service schedules, with assurances of sufficient cash flow to meet obligations without new bond issues. The board accepted the reports as presented, with no new motions for additional spending or procurement actions at this meeting.