Texas
TX
Kenedy Independent School District
School district
2019
Value Limitation Agreement
General Economic Development
Texas Economic Development Act (Tax Code 313); Texas Tax Code 171 (313.024(a)), (313.024(b)(1)) (313.024(a))
Kenedy Independent School District
Property Tax Tax
(not specified)
If the company fails to comply with the conditions for eligibility, the District is entitled to recapture all Property Tax tax revenue lost as well as the payment of penalty and interest calculated in accordance with the methodology set out in Texas Tax Code Chapter 33.
$1,363,407
$0
$1,363,407
CAFR does not disclose the amount of state funding that is to be provided. Agreement made in 2013.
13518
1