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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 JurisdictionMuleshoe 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): Muleshoe ISD
Applicable taxesProperty Tax
Method of abatement: (not specified)
Provisions for recapture: (not specified)
Gross revenue loss: not reported
Reimbursement / offset: $80,000
Net revenue loss: not reported
Type of loss: Active
Additional notes on dislosureThe district received an initial fee of $80,000, included in this payment is $65,000 for legal fees. The district reported the amounts received in the fund financial statements. Agreement made in April, 2019.