Electronic versions of CRRMA publications are provided below for your convenience. We would be happy to provide print copies, where applicable, upon request. Contact us to request a printed copy of any of our materials.
The demand for transportation infrastructure has far outpaced the resources of federal, state and local governments. The Texas Legislature has established innovative methods of developing and financing transportation projects. One such tool used by local entities to advance transportation projects is a Transportation Reinvestment Zone (TRZ).
To use a TRZ, the local governing body designates a zone in which it will promote a transportation project. Once the zone is created, a base year is established and the incremental increase in property tax revenue collected inside the zone is used to finance a project in the zone. The City of El Paso originally created Transportation Reinvestment Zone Number One, City of El Paso, Texas (TRZ) to capture incremental gains in property appreciation and tax revenue. However, the City subsequently rescinded TRZ1 and replaced it with TRZ No. 2 and TRZ No. 3. The City of El Paso then assigned the incremental revenues from TRZ No. 2 and TRZ No. 3 to the CRRMA, which then used the TRZ incremental revenues to secure debt proceeds that were used for the completion of select projects outlined in the 2008 Comprehensive Mobility Plan (CMP).
Learn more about Transportation Reinvestment Zones, click here.
Regional Toll Implementation Plan Presentation - Exec. Comm. (02/19/10)
Regional Toll Implementation Plan Presentation – CRRMA Board (04/15/10)
CRRMA Regional Toll Implementation Plan (Accepted 04/15/10)