TO: | Honorable Harold V. Dutton Jr., Chair, House Committee on Urban Affairs |
FROM: | John S O'Brien, Director, Legislative Budget Board |
IN RE: | HB3246 by Elkins (Relating to public improvement districts designated by a municipality or county.), As Introduced |
Based on the analysis from the City of Fort Worth, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. A PID could experience additional administrative costs for non-contiguous areas and increased collection fees charged by a county. The additional ability to cost improvements would result in reimbursable administrative costs and additional revenue.
The City of Grand Prairie recently researched the use of deferred assessments for PIDS. The city found the costs of software too high and the revenue generated would not be sufficient to cover costs for providing services for developments.
Source Agencies: |
LBB Staff: | JOB, KKR, TP
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