Texas
TX
Kermit Independent School District
School district
2019
Value Limitation Agreement
General Economic Development
Texas Economic Development Act (Tax Code 313)
Kermit Independent School District
Property Tax
Reduction of Taxable Property Value; Payment In Lieu of Taxes (PILOT)
(not specified)
$1,066,033
$506,825
$559,208
Gross revenue loss noted here is the sum of forgone tax revenue and Tax Credits. CAFR does not disclose the amount of state funding that is to be provided. Agreement made in 2008.
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