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Perryton ISD board approves request for additional state aid tied to Chapter 313 tax agreement
Summary
Trustees voted to request additional state aid under an existing Chapter 313 agreement to capture tax credits tied to a large private investment; board discussion described the payment as M&O-only and referenced an estimated $300 million investment.
The PERRYTON ISD Board of Trustees voted to approve a request for additional state aid connected to a Chapter 313 agreement for a large private investment in the district.
Board discussion described the mechanism as a Chapter 313 arrangement that limits value reductions to maintenance-and-operations (M&O) tax calculations. One trustee summarized the effect: the district values the private investment and…
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