TIRZ
New Braunfels has one established special district, a Tax Increment Reinvestment Zone (TIRZ) in the city limit that covers the Town Center at Creekside development - a TIRZ can also be referred to as a tax increment financing (TIF). The City of New Braunfels, Comal County and NBISD each have a percentage to pay back the $26 million made in infrastructure improvements to the developer (New Quest) over the next 20 years for the Creekside development. Every TIRZ is created to meet the unique individual needs of
the developer. For more information about how TIRZ, contact the City of New Braunfels at 830.221.4050