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Budget presenter flags potential TIRZ/TERS effect on Uvalde County tax rates
Summary
County staff said a tax increment reinvestment zone (TERS) adopted in 2024 may have been recorded at 100% instead of the 50% the county’s financial adviser recommended, which could shift maintenance-and-operations revenue to the TERS in coming years; the base-year value was cited in the workshop.
The county’s budget presenter told the court that Uvalde County adopted a tax increment reinvestment zone (TERS) in 2024 and that a financial adviser had indicated the zone likely should have captured only 50% rather than 100% of increment. The presenter said the issue could affect maintenance-and-operations (M&O) rates in a few years and cited a TERS base-year value of $2,000,001.81.
The presenter asked that the court invite the county’s financial adviser to a future meeting to explain the TERS calculations and potential impacts, and said staff would provide supporting documents and the tax specialist’s conservative revenue assumptions in the next budget draft.
