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Tag Archives: Tax Increment Financing District

Audit finds tax increment financing works

According to a report from the Office of the City Auditor, the city has successfully used tax increment financing to attract development to places that otherwise might not have seen new infrastructure, such as Austin’s old airport, now the Mueller…

New worries arise over tax increment financing

Council members approved a resolution Thursday directing the city manager to bring them a plan for financing two Capital Metro Red Line rail stations in north Austin, one at McKalla Place and one at the new Broadmoor development. However, several…

Infrastructure, financing studies signal progress for South Shore district

The city’s Planning and Zoning Department is looking to move forward on two pieces of long-overdue economic analysis needed to begin larger planning and development efforts around the portion of South Congress Avenue immediately south of Lady Bird Lake. At…

'Snoopy PUD' wins first-round approval

Council approved a complicated set of Planned Unit Development regulations at their March 22 meeting for the piece of property at Riverside Drive and South First Street currently occupied by a Hooters and a surface parking lot. As Planning and…

Featured Collection: Austin Energy 2022 rate case

Austin Energy ramps up outreach for proposed rate changes

Austin Energy has entered the public hearing phase of its base rate review process, following its proposal to raise service costs. The monthslong dialogue with stakeholders and city staff, slated for resolution by City Council in November, has surfaced predictable…

Austin could use rising property values to create affordable housing

City Council Member Greg Casar wants to get the most out of the hundreds of millions of dollars that the city is poised to spend to upgrade its transportation corridors in the coming years. The improvements coming to Austin’s corridors…

How should Austin fund its transportation needs?

The City Council Mobility Committee largely steered clear of discussing a potential bond election during a meeting Wednesday focused on how the city can finance its looming transportation needs. A bond election, said Council Member Ann Kitchen, who chairs the…

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Council members ponder high cost of Highland area renovations

There was widespread support at Tuesday’s work session for the renovations already underway at Highland Mall. But the hefty price tag that will most likely accompany that redevelopment had some City Council members concerned that the city could be overextending…

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