Sales and Property Taxes Being Diverted To Fund New Road Projects

original story
  Local governments can now use TRZ(Transportation Reinvestment Zone) classification of a particular sector in a county or city to use property and sales taxes generated in that sector to finance new roads like the extension of Slide Road from North Loop 289 to Clovis Road. The financing tool is problematic in that failure of revenue enhancement in property and sales taxes could lead to general revenues being raided to service said debt if new revenue from property and sales taxes does not materialize.