economyEconomic Development

Basic TIRZ Details

Lead Taxing Unit: Mercedes City
County TIRZ Located In: Hidalgo
Reporting year: 2021
Type of Property:
Abatement Given: N
Abated Property Account(s): None Reported

Public Project Improvements

Public Buildings and Facilities: Not Reported
Roadwork: Not Reported
Economic Development: Not Reported
Infrastructure: Not Reported
Water/Sewer/Drainage: Not Reported
Parking: Not Reported
Affordable Housing: Not Reported
Facade Renovation: Not Reported
Historical Preservation: Not Reported
Transit: Not Reported
Other Improvements: Not Reported
Other Description: Not Reported

TIRZ Financials

TIF Fund Balance: $-504,856

Revenues

Property Tax Increments Received: $893,694
Sales Tax Increments: Not Reported
Loans: Not Reported
Sale of Bonds: Not Reported
Sale of Property: Not Reported
Other Revenue: Not Reported

Expenditures

Administrative Costs: Not Reported
Property Purchased: Not Reported
Public Improvements: Not Reported
Facade Renovations: Not Reported
Parking: Not Reported
Historical Preservation: Not Reported
Transit: Not Reported
Affordable Housing: Not Reported
Economic Development: Not Reported
Other Costs: Not Reported

Debt

Bond Principal Debt Due: $0
Bond Interest Debt Due: $0

TIRZ Property Values

TIRZ Subdivision Name: SubZones1
Tax Increment Base Value: $39,868,391
Current Captured Appraised Value: $24,258,082
Total Appraised Value: $64,126,473

TIRZ Grand Totals
Tax Increment Base Value: $39,868,391
Current Captured Appraised Value: $24,258,082
Total Appraised Value: $64,126,473

Records

Record ID: 000002460
Previous ID: No previous record

Contact Information

Lead Taxing Unit Name: No Response
Contact Person: No Response
Contact Person's Title: No Response
Phone Number: No Response
Email Address: No Response
Mailing Address: No Response
City: No Response
County: No Response
Zip Code: No Response
Authorized User Name: No Response
Title of Authorized User: No Response
Previous Application ID: Not Applicable

Submission Date: 2023-12-15