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Commissioners certify $154,019 reimbursement to Dayton TIRZ covering multiple years
Summary
County treasurer certified a combined payment of $154,019 to the Gulf Inland tax reinvestment zone created by the city of Dayton, covering five years of the county's 25-year obligation under the TIRZ agreement.
The Liberty County Commissioners Court on Tuesday certified a consolidated reimbursement of $154,019 to the Gulf Inland tax reinvestment zone created by the city of Dayton, covering ad valorem tax years 2019 through 2024.
County staff explained the TIRZ arrangement dates to a county document executed Sept. 4, 2018, under which captured increases in property value in the zone are shared. The…
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