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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StateOhio
Effected JurisdictionSouthwest Licking Local School District
Jurisdiction type: School District
Fiscal year ending In2019
Program nameCommunity Reinvestment Program
Program purpose: General Economic Development
Statutory authority: Ohio Revised Code (ORC) Section 5709.83
Abating jurisdiction(s): Etna Township; City of Newark
Applicable taxesProperty Tax
Method of abatement: Payment In Lieu of Taxes (PILOT)
Provisions for recapture: (not specified)
Gross revenue loss: $2,408,944
Reimbursement / offset: $569,534
Net revenue loss: $1,839,410
Type of loss: Passive
Additional notes on dislosureReimbursement/offset is income tax sharing compensation from Etna Township through Joint Economic Development Zone (JEDZ) contracts administered by the City of Newark.