Texas
TX
Barbers Hill Independent School District
School district
2019
Value Limitation Agreement
General Economic Development
Texas Economic Development Act, Texas Tax Code Title 3. Subtitle B. Chapter 313
Barbers Hill Independent School District
Property Tax
Reduction of Taxable Property Value; Payment In Lieu of Taxes (PILOT)
(not specified)
$55,233,858
$0
$55,233,858
CAFR does not disclose the amount of state funding that is to be provided. In addition to revenue protection payments company will also compensate the District for the loss of M&O revenue, reimburse the District for all non-reimbursed costs for extraordinary education related expenses not funded by state aid, and compensate the District for the greater of $100 per student per average daily attendance (ADA) or $50,000 during the term of the agreement, but does not disclose these amounts. Agreement made in 2009.
13395
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