The City of Farmersville has historically utilized Tax Increment Reinvestment Zones (TIRZ) as a powerful vehicle to develop and redevelop qualified projects based on City goals and objectives.
Farmersville is home to a large TIRZ and, as such, is able to utilize this to a business's advantage. TIRZ help facilitate development and redevelopment projects, resulting in an overall increase in the value of the commercial property. Tax increment financing may be available to finance needed public improvements in Farmersville.