The Aledo TIRZ
ExplainerHow a Chapter 311 tax increment reinvestment zone works, what the record shows about Aledo's, and the incremental value on the 2026 tax roll.
What is a TIRZ?
A tax increment reinvestment zone under Chapter 311 of the Tax Code. The city freezes the zone's taxable value in a base year; the taxes on growth above that base, the increment, go to a fund for public improvements in the zone rather than to the general fund.
How much value is in Aledo's zone?
On the 2026 certified roll the council adopted Aug. 6, 2026, the city's Tax Increment Financing zone carried an incremental value of $69,846,799 within the city's $1,057,685,374 total taxable value.
Where is the money spent?
On projects the zone's plan allows. The council's budget work session on May 28, 2026, covered the TIRZ fund alongside the general fund; the zone's project plan and board are on the city's site.
In the record
The zone appears when the council adopts the tax roll each August and builds the budget each spring. The Ledger's thread collects each mention.
On the record
Every mention in the minutes
2 meetingsThe city's tax increment reinvestment zone appears in the record when the council adopts the tax roll and builds the budget. Each mention is here. Compiled automatically from the Ledger's meeting reports: each excerpt is the passage of a report that mentions this subject, in the words the report used, linked to the full entry and its minutes.
Council adopts the 2026 certified tax roll, proposes a $0.352415 rate, and tables the Friends of the Library agreement
The council unanimously adopted the 2026 certified tax roll for Fiscal Year 2027. City Manager Candice Edmondson said the city's certified total taxable value is $1,057,685,374, including $41,014,945 in new improvements, with no taxable value under protest or otherwise uncertified and no frozen tax-ceiling accounts on the city's roll. The roll includes the Tax Increment Financing zone, whose incremental value is $69,846,799.
Sources: City of Aledo: approved minutes, Aug. 6, 2026 (CivicClerk); City of Aledo: agenda, Aug. 6, 2026 (CivicClerk); City of Aledo meetings portal
Mid-year review: a $1.6 million general fund surplus, impact fees at 193% of budget, and $24.7 million in cash and investments
The council discussed the FY 2027 budget, covering the budget timeline, revenue forecast, council priorities, operations and maintenance, capital projects and the TIRZ fund, and took no action. After an executive session from 7:35 to 9:08 p.m. on the Dean Ranch development, downtown development and a city manager staffing study, the council voted unanimously to authorize the city manager to hire a director of development services. The meeting adjourned at 9:09 p.m.
Sources: City of Aledo: approved minutes, May 28, 2026 (CivicClerk); City of Aledo: agenda, May 28, 2026 (CivicClerk); City of Aledo meetings portal