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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 JurisdictionCity of Temple
Jurisdiction type: Municipality
Fiscal year ending In2021
Program nameChapter 312 Agreements
Program purpose: General Economic Development
Statutory authority: Ordinance 2016 - 4783; Chapter 312 of the Texas Local Government Code
Abating jurisdiction(s): City of Temple
Applicable taxesProperty Tax
Method of abatement: Tax Abatement
Provisions for recapture: (not specified)
Gross revenue loss: $2,095,555
Reimbursement / offset: $0
Net revenue loss: $2,095,555
Type of loss: Active
Additional notes on dislosureBreakdown by company in ACFR
Document sourcehttps://cms9files.revize.com/templetx/Finance/CAFR/FY%202021%20ACFR.pdf