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: | Harris County |
Jurisdiction type: | County |
| Fiscal year ending In: | 2019 |
| Program name: | Property Redevelopment and Tax Abatement Act |
| Program purpose: | Job Creation/Retention |
| Statutory authority: | Property Redevelopment and Tax Abatement Act, Chapter 312 |
| Abating jurisdiction(s): | Harris County, Texas |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax Abatement |
| Provisions for recapture: | termination of the agreement in the event its counterparty discontinues producing product as well as recapturing Property Tax abated in that calendar year |
| Gross revenue loss: | $281,758 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $281,758 |
| Type of loss: | Active |
| Additional notes on dislosure: | CAFR provided breakdown by unnamed recipients: "two ... were manufacturing facilities, which were granted exemptions that converted to property tax abatements ranging from $17,922 to $144,213 and totaling $162,135. Two of the entities were a regional distribution facilities, which were also granted an exemption that converted to a property tax abatement of $16,385." |
| Document source: | https://auditor.testint.hctx.net/Pages/CAFR.aspx |
