Texas TX Channelview Independent School District School district 2019 Value Limitation Agreement General Economic Development Texas Economic Development Act (Tax Code 313) Channelview Independent School District Property Tax Reduction of Taxable Property Value; Payment In Lieu of Taxes (PILOT) The Agreement provides for recapture along with penalty and interest costs in the event of a material breach. $11,000,000 $0 $11,000,000 CAFR does not disclose revenue protection payment or supplemental payment amounts. Gross revenue loss is an approximate amount. Agreement began in 2015. 13427 1