District news
District gives Tele-Fonika cable plant a 10-year tax break
What happened
On Aug. 13, 2026, the board created a reinvestment zone and approved a JETI (state Chapter 403) agreement with Tele-Fonika Cable Americas. The company plans a cable plant on Kickapoo Road in Harris County. The deal limits only the plant's school operations taxes for 10 years (2030-2039); it still pays full debt (bond) taxes. The company said the plant could reach $1.2 billion and 700 jobs.
Why it matters to families
Big plants add property value that helps pay off school bonds, but the district gives up some operations tax money for 10 years.
The evidence
The Aug. 13 recording covers the public hearing, the zone vote and the agreement presentation. A posted notice described the $365.9 million first phase on a 117-acre site.
The source
Board Meeting - August 13, 2026See the full record for Waller ISD.
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