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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 JurisdictionTarrant County
Jurisdiction type: County
Fiscal year ending In2020
Program nameManufacturing Facility
Program purpose: General Economic Development
Statutory authority: Chapter 312 of the Texas Property Tax Code, Property Redevelopment and Tax Abatement Act
Abating jurisdiction(s): Tarrant County, Texas
Applicable taxesProperty Tax Property Tax
Method of abatement: Reduction in assessed value
Provisions for recapture: Some agreements provide for repayment of forgone taxes if the business fails to meet certain criteria.
Gross revenue loss: $2,488,000
Reimbursement / offset: $0
Net revenue loss: $2,488,000
Type of loss: Active
Additional notes on dislosure$563,000 for hospital district