PILLAR: Growing
AGENDA DATE: January 14, 2026
COUNCIL DISTRICT(S): Citywide
DEPARTMENT: Office of Economic Development
PRIORITY: Targeted Economic Growth
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SUBJECT
Title
Authorize a public hearing to be held on January 28, 2026, to receive comments regarding amendments and updates to the City of Dallas Economic Development Incentive Policy - Financing: No cost consideration to the City
*In alignment with Economic Development Incentive Policy.
Body
BACKGROUND
On January 25, 2023, the City Council authorized the Economic Development Incentive Policy by Resolution No. 23-0220. On March 27, 2024, the City Council authorized amendments to the Economic Development Incentive Policy by Resolution No. 24-0435 to implement the 2024 economic development general obligation bond proposition, reflect changes to state law, make minor program updates, add cost recovery provisions, and make general updates and clarifications. On January 8, 2025, the City Council authorized amendments to the Economic Development Incentive Policy by Resolution No. 25-0162 to add a Small Business Program, add an Innovation Program, amend the South Dallas/Fair Park Opportunity Fund Program Statement, amend the Southern Dallas Investment Fund Program Statement, amend Neighborhood Empowerment Zone #9 and Neighborhood Empowerment Zone #10, amend the Community Development Plan, and make other minor updates and technical corrections.
The Economic Development Incentive Policy defines the conditions under which the City may approve economic development incentives as authorized under Chapters 373, 378, and 380 of the Texas Local Government Code and Sections 311 and 312 of the Texas Tax Code. Specifically pursuant to Chapter 312 of the Texas Tax Code, Section III (Subsections 1 and 2.1) of the Economic Development Incentive Policy serves as the City's adopted guidelines and criteria governing tax abatements. City Council's January 8,...
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