The Garland City Council convened on August 16, 2025, for a budget workshop focused on the Tax Increment Financing (TIF) program and its implications for the city's financial future. The meeting highlighted the significant growth in TIF revenue, driven by new construction along Interstate 30, and proposed an extension of the TIF term to bolster economic development and support public safety.

The discussion began with a review of TIF revenue trends, noting that revenue had stagnated from 2009 until 2017, but began to rise significantly in 2022 due to substantial new developments. The council reported that approximately $173.7 million in new construction had been generated, leading to a projected TIF revenue of $2.3 million for 2025.

A key proposal presented was to extend the TIF for an additional 20 years. This extension aims to protect the general fund from potential erosion due to state legislation (SB 2) that caps revenue growth. The proposal includes a plan to allocate 50% of TIF revenue—approximately $1 million—to the general fund to support public safety initiatives along the I-30 corridor, with the remaining funds earmarked for future economic development projects.

The council outlined the next steps, including a meeting of the TIF board scheduled for August 20, where they will discuss the proposed extension and potential boundary adjustments. A consultant has been hired to evaluate the TIF boundaries, with a report expected in September. The TIF board will then make recommendations to the council, with a public hearing planned for October or November to finalize the changes before the end of the year.

The meeting concluded with a brief transition to discussions on water and wastewater utility funds, indicating ongoing financial considerations for the city. Overall, the workshop underscored the city's strategic approach to managing TIF resources to enhance public safety and stimulate economic growth.