Public Improvement Districts (PIDs)
Public Improvement Districts (PIDs) provide a development tool that allocates costs according to the benefits received. In time of declining city revenues, a PID can provide a means to fund supplemental services and improvements to meet community needs which could not otherwise be constructed or provided and be paid by those who most benefit from them.
PID 1 Downtown
Established in 1986, re-established June 23, 2009 for a 20-year term, expires Sept. 30, 2029. Current rate is 0.11.
PID 6 Park Glen
Established in 1998, life term, includes residential and commercial properties. Current rate is: Commercial 0.0350 and residential 0.1750.
PID 7 Heritage
Established in 2000, life term, includes residential and commercial properties. District is in the development stage. Current rate is: Commercial 0.1100 and residential. 0.2100.
PID 8 Camp Bowie
Established in 2000, re-established Dec. 16, 2008, for a 10-year term. Commercial properties only. Current rate is 0.1000.
PID 9 Parkwood Hills
Established in 2001, not active.
PID 11 Stockyards
Established in 2003, life term. Current rate is 0.1000.
PID 12 Chapel Hill
Established in 2004, life term, in development stage.
PID 14 Trinity Bluff
Established June 16, 2009, for a 20-year term. Expires Sept. 30, 2029. District is in the development stage.