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.
| State: | Texas |
| Effected Jurisdiction: | Hermleigh Independent School District |
Jurisdiction type: | School district |
| Fiscal year ending In: | 2019 |
| Program name: | Value Limitation Agreement |
| Program purpose: | General Economic Development |
| Statutory authority: | Texas Economic Development Act (Tax Code 313) |
| Abating jurisdiction(s): | Hermleigh ISD |
| Applicable taxes: | Property 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 dislosure: | CAFR 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. |
