TIRZ No. 11 Sales Tax Contribution Clarification
Summary
The Celina TIRZ No. 11 board authorized over $2.1 million in expenditures for the upcoming fiscal year. These funds will drive downtown square design and support Project Kingsmen 2.7 to spur commercial growth.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 8, 2026.
Impact analysis
Allocates $2,139,000 from TIRZ No. 11 funds, leaving an estimated ending fund balance of $2,124,702 for FY 2027.
Celina residents and local business owners who will see enhanced downtown infrastructure and economic development.
Mentions & discussions (2)
TIRZ - Sep 8, 2026
The city clarified how sales tax revenues are shared when businesses have active economic development agreements within the TIRZ 11 district. This ensures the CDC and EDC do not have to double-pay out of the same sales tax streams for reimbursements and TIRZ contributions.
TIRZ - Jul 14, 2026
The Celina TIRZ No. 11 board authorized over $2.1 million in expenditures for the upcoming fiscal year. These funds will drive downtown square design and support Project Kingsmen 2.7 to spur commercial growth.
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