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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 JurisdictionClaude 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): Claude ISD
Applicable taxesProperty Tax
Method of abatement: Payment In Lieu of Taxes (PILOT)
Provisions for recapture: (not specified)
Gross revenue loss: $474,857
Reimbursement / offset: $0
Net revenue loss: $474,857
Type of loss: Active
Additional notes on dislosureCAFR states that recipient will make supplemental payments to the district but does not provide an amount. Recipient may possibly make revenue protection payments. Agreement made with Route 66 Wid Power, LLC in 2013.