What is a Public Improvement District (PID) ?

A Public Improvement District is a defined geographical area established to provide specific types of improvements or maintenance which are financed by assessments against the property owners within the area. PID's provide a development tool that allocates costs according to the benefits received. A PID can provide a means to fund supplemental services and improvements to meet community needs that could not otherwise be constructed or provided. Chapter 372 of the Texas Local Government Code authorizes the creation of PIDs by cities.

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1. What is a Public Improvement District (PID) ?
2. Why is a Public Improvement District created?
3. What is a Public Improvement District Assessment?