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: | Trent 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 313.024(b)) |
Abating jurisdiction(s): | Trent Independent School District |
Applicable taxes: | Property Tax |
Method of abatement: | Payment In Lieu of Taxes (PILOT) |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $210,232 |
Reimbursement / offset: | $128,158 |
Net revenue loss: | $82,074 |
Type of loss: | Active |
Additional notes on dislosure: | Agreement made in 2008. |