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.
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