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Charleston County School District, SC Revenue Losses from Subsidy Programs
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Year | Program Name | Program Type | Gross Revenue Loss | Reimbursement / offset | Net Revenue Loss | Type of Loss |
2017 | Fee-in-Lieu of Tax Program (FILOT) and Special Source Revenue Credit (SSRC) | General Economic Development | $25,347,694 | $0 | $25,347,694 | Passive |
2018 | Fee-in-Lieu of Tax Program (FILOT) and Special Source Revenue Credit (SSRC) | General Economic Development | $30,297,939 | $0 | $30,297,939 | Passive |
2019 | Fee-in-Lieu of Tax Program (FILOT) and Special Source Revenue Credit (SSRC) | General Economic Development | $32,250,847 | $0 | $32,250,847 | Passive |
2020 | Fee-in-Lieu of Tax Program (FILOT) and Special Source Revenue Credit (SSRC) | Economic development | $32,474,121 | $0 | $32,474,121 | Passive |
2021 | Fee-in-Lieu of Tax Program (FILOT) and Special Source Revenue Credit (SSRC) | Business attraction/retention/expansion | $25,569,000 | $0 | $25,569,000 | Passive |
2022 | Fee-in-Lieu of Tax Program (FILOT) and Special Source Revenue Credit (SSRC) | Business attraction/retention/expansion | $30,955,000 | $0 | $30,955,000 | Passive |
2023 | Fee-in-Lieu of Tax Program (FILOT) and Special Source Revenue Credit (SSRC) | Business attraction/retention/expansion | $14,465,000 | $0 | $14,465,000 | Passive |
| TABULATED TOTAL | | $191,359,601 | $0 | $191,359,601 | |