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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StateTexas
Effected JurisdictionZapata County Independent School District
Jurisdiction type: School district
Fiscal year ending In2019
Program nameValue Limitation Agreement
Program purpose: General Economic Development
Statutory authority: Texas Economic Development Act (Tax Code 313)
Abating jurisdiction(s): Zapata County ISD
Applicable taxesProperty Tax
Method of abatement: (not specified)
Provisions for recapture: (not specified)
Gross revenue loss: $0
Reimbursement / offset: $75,000
Net revenue loss: $0
Type of loss: Active
Additional notes on dislosureCAFR states that Reloj Del Sol Wind Farm LLC will pay an amount to compensate Zapata CISD for loss of maintenance and operations revenue resulting from, or on account of, the agreement each year starting December 2018. As of August 31, 2019, third party calculations resulted in a $75,000 tax benefit related to this agreement, but does not disclose whether this amount is from revenue protection payments or supplemental payments. CAFR states that Agreement with Reloj Del Sol Wind Farm, LLC made in 2018.