Tax Increment Finance Zone (TIFZ)

Tax Increment Financing Zone (TIFZ)

Tax Increment Financing Zone (TIFZ)– Carroll ISD participates in a Tax Increment Financing Zone with the City of Southlake. The zone includes Southlake Town Square, Dragon Stadium, and other properties. CISD contributes its tax levy on growth within the zone and is reimbursed for CISD project costs within the zone. The contributed levy is helps support area growth and allows the local use of funds that would otherwise be subject to Chapter 41 Recapture.