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Feb 24, 2026 · Context

City files 2025 annual reports for TIRZ #2 and #3 with the Comptroller

For reporting year 2025, the City reported TIRZ #2 received $562,618 in property tax increment and spent $375,491 on economic development, ending with a $1,563,523 fund balance; TIRZ #3 received $32,415, spent $30,735 on economic development and $6,639 on administration, and ended with $3,193. TIRZ #3's captured appraised value was $32,433,335 over a $30,013,978 base.^[1]^[2]^[3]^[4]^[5]^[6]^[7]^[8]

What the sources say

✓ Verified
City reports to the Comptroller show TIRZ #2 receiving $259,134 in property tax increment for 2022, $419,094 for 2023, $564,551 for 2024 and $562,618 for 2025, with fund balances of $587,127, $1,001,126, $1,376,198 and $1,563,523. ^[7]^[5]^[3]^[1]
Increment 2022
$259,134
Increment 2023
$419,094
Increment 2024
$564,551
Increment 2025
$562,618
Fund balance 2025
$1,563,523
✓ Verified
For TIRZ #3 the City reported no increment and no captured value for 2022 and 2023, $9,036 in increment for 2024 (captured value $3,105,393) and $32,415 for 2025 (captured value $32,433,335). For 2025 it reported $30,735 in economic development spending, $6,639 in administrative costs and a $3,193 fund balance. ^[8]^[6]^[4]^[2]
Increment 2024
$9,036
Increment 2025
$32,415
Economic development 2025
$30,735
Fund balance 2025
$3,193

Sources

1.TIRZ Annual Report: City of Amarillo East Gateway TIRZ #2, reporting year 2025 (record 000017485) — Texas Comptroller of Public Accounts, Feb 24, 2026 · retrieved Oct 16, 2026primaryIndependentCity-submitted data; submission date 2026-02-24. Fund balance $1,563,523; increment received $562,618; economic development $375,491; captured appraised value $44,678,080; total appraised value $86,195,902.
2.TIRZ Annual Report: City of Amarillo South Gateway TIRZ #3, reporting year 2025 (record 000017486) — Texas Comptroller of Public Accounts, Feb 24, 2026 · retrieved Oct 16, 2026primaryIndependentCity-submitted data; submission date 2026-02-24. Fund balance $3,193; increment received $32,415; administrative costs $6,639; economic development $30,735; base $30,013,978; captured appraised value $32,433,335.
3.TIRZ Annual Report: City of Amarillo East Gateway TIRZ #2, reporting year 2024 (record 000013750) — Texas Comptroller of Public Accounts, Feb 21, 2025 · retrieved Oct 16, 2026primaryIndependentCity-submitted data; submission date 2025-02-21. Fund balance $1,376,198; increment received $564,551; other revenue $62,900; administrative costs $5,441; other costs $187,130; captured appraised value $44,678,080.
4.TIRZ Annual Report: City of Amarillo South Gateway TIRZ #3, reporting year 2024 (record 000013763) — Texas Comptroller of Public Accounts, Feb 21, 2025 · retrieved Oct 16, 2026primaryIndependentCity-submitted data; submission date 2025-02-21. Fund balance $8,152; increment received $9,036; administrative costs $644; captured appraised value $3,105,393.
5.TIRZ Annual Report: City of Amarillo East Gateway TIRZ #2, reporting year 2023 (record 000007708) — Texas Comptroller of Public Accounts, Apr 10, 2024 · retrieved Oct 16, 2026primaryIndependentCity-submitted data; submission date 2024-04-10. Fund balance $1,001,126; increment received $419,094; administrative costs $5,095; captured appraised value $40,646,883.
6.TIRZ Annual Report: City of Amarillo South Gateway TIRZ #3, reporting year 2023 (record 000007741) — Texas Comptroller of Public Accounts, Apr 11, 2024 · retrieved Oct 16, 2026primaryIndependentCity-submitted data; submission date 2024-04-11. Increment received $0; captured appraised value $0.
7.TIRZ Annual Report: City of Amarillo East Gateway TIRZ #2, reporting year 2022 (record 000002530) — Texas Comptroller of Public Accounts, Dec 15, 2023 · retrieved Oct 16, 2026primaryIndependentCity-submitted data; submission date 2023-12-15. Fund balance $587,127; property tax increment received $259,134; base value $41,517,822; captured appraised value $33,043,324.
8.TIRZ Annual Report: City of Amarillo South Gateway TIRZ #3, reporting year 2022 (record 000002531) — Texas Comptroller of Public Accounts, Dec 15, 2023 · retrieved Oct 16, 2026primaryIndependentCity-submitted data; submission date 2023-12-15. Base value $30,013,978; captured appraised value $0; no fund balance reported.