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: | Texas |
Effected Jurisdiction: | Clarendon 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):![]() | Clarendon ISD |
Applicable taxes: | Property Tax |
Method of abatement:![]() | Reduction of Taxable Property Value; Payment In Lieu of Taxes (PILOT) |
Provisions for recapture:![]() | (not specified) |
Gross revenue loss:![]() | $1,504,332 |
Reimbursement / offset:![]() | $545,000 |
Net revenue loss:![]() | $959,332 |
Type of loss:![]() | Active |
Additional notes on dislosure: | Agreement with Salt Fork Wind, LLC made in 2014. Total offset and net revenue losses are appoximate amounts. |