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: | Lazbuddie 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) |
| Abating jurisdiction(s): | Lazbuddie ISD |
| Applicable taxes: | Property Tax |
| Method of abatement: | (not specified) |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | not reported |
| Reimbursement / offset: | $80,000 |
| Net revenue loss: | not reported |
| Type of loss: | Active |
| Additional notes on dislosure: | The district received an initial fee of $80,000, included in this payment is $65,000 for legal fees. No other financial information is disclosed. Agreement made in May, 2019. |
