A Public Improvement District, or PID, is a defined geographic area in which property owners collectively fund public improvements and services that go beyond what the city provides. Think enhanced landscaping, street lighting, security presence, or infrastructure maintenance that keeps a corridor or development operating at a higher standard. PIDs are authorized under Texas Local Government Code Chapter 372, and they require specialized financial administration, regulatory compliance, and transparent reporting to governing authorities.
If you are a developer structuring a new PID or a board inheriting one, the complexity is real. FAM manages it so you do not have to.
We manage the billing, collection, and tracking of special assessments levied within the PID, ensuring every property owner is billed accurately and every dollar is accounted for.
We coordinate the vendors, contractors, and service providers responsible for maintaining the public improvements your PID was created to fund.
We prepare and deliver the financial reports required by the city, county, or other governing body overseeing your PID, keeping your district in good standing and your board out of compliance risk.
Every FAM-managed PID operates in full compliance with Texas Local Government Code Chapter 372. We stay current on the requirements, so your board does not have to.
We offer consulting services for funding planning and reserve planning, along with ongoing training and support for your board and ACC committees, so your leadership stays confident and equipped as the PID evolves.
