At a City Council budget work session, Mayor Steve Adler acknowledged that "incentives have become a bad word in this city," perhaps due to the perception that Austin will attract businesses and skilled workers regardless of government assistance. But he stated firmly that he wanted a more aggressive economic development program aimed at addressing inequities in the local economy.

A rural Texas county along the route of a proposed high-speed rail link between Dallas and Houston voted in restrictions that could throttle the $10 billion private project. Grimes County officials voted Tuesday to require that bullet train builder Texas Central Partners prove it has eminent domain powers under state law before the tracks can cross the county.

The Austin City Council is deciding on a transportation bond which includes seven "smart corridor" projects that include sidewalks, bicycle lanes and urban trails, and spot improvements like railroad crossings.

The Coppell City Council approved on Tuesday the issuance of new bonds of up to $11.8 million for street and drainage projects. The money from the bonds will be used to improve and rebuild Freeport Parkway and S. Belt Line Road and storm water drains. 

The Harlingen Community Improvement Board will maintain some of its revenues while it pays off the $14.8M convention center. This will allow for the funding of more "quality-of-life" projects as the debt is being paid off.

The planning commission of San Antonio recommended approval for the SA Tomorrow plan. SA Tomorrow is a comprehensive plan and continuation of SA 2020, which outlines how the city will grow.

11:00 am - 12:30 pm Eastern - September 8, 2016
For many years, Texas has ranked very high in site selection and use of tax incentives. As such, Texas communities should understand the impact of new regulations that require significantly increased disclosure of the cost of incentives. The Texas Financing Roundtable in partnership with the Texas Economic Development Council, through this webinar, will explore these new guidelines and what they mean for the increased role of government finance departments, how communities should prepare to meet these new rules, and how they could change the role of the economic development professionals.

CDFA is pleased to announce the release of the Annual Volume Cap Report: An Analysis of 2015 Private Activity Bond & Volume Cap Trends. The report provides complete data of the use of volume cap and the issuance of cap-subject private activity bonds nationwide and is featured in The Bond Buyer. Read the Annual Volume Cap Report and explore CDFA's interactive and searchable National Volume Cap Map.

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