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 or Territory: | Texas |
Effected Jurisdiction: | Fort Bend County |
Jurisdiction type: | County |
Fiscal year ending In: | 2018 |
Program name: | Chapter 312 Agreements |
Program purpose: | Job Creation/Retention |
Statutory authority: | Texas Property Code Chapter 312 |
Abating jurisdiction(s): | Fort Bend County, Texas |
Applicable taxes: | Property Tax |
Method of abatement: | Tax Abatement |
Provisions for recapture: | Any abatement agreement may be terminated and all taxes previously abated by virtue of the agreement will be recaptured and paid within thirty (30) days of the termination in the event that the company or individual violates the agreement. |
Gross revenue loss: | $1,572,974 |
Reimbursement / offset: | $0 |
Net revenue loss: | $1,572,974 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |