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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.

Effected JurisdictionHermleigh 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): Hermleigh ISD
Applicable taxesProperty Tax
Method of abatement: (not specified)
Provisions for recapture: (not specified)
Gross revenue loss: $982,900
Reimbursement / offset: $0
Net revenue loss: $982,900
Type of loss: Active
Additional notes on dislosureCAFR states that the gross revenue loss will be offset by the increase in state funding through the FSP funding formula, but does not disclose a specific amount. Agreement with Airtricity Pyron Wind Farm made in 2008.