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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.

Effected JurisdictionLawton Independent School District No. 8
Jurisdiction type: School District
Fiscal year ending In2021
Program nameHomestead and Veterans Exemptions
Program purpose: General Economic Development
Statutory authority: Oklahoma State Statute Title 31
Abating jurisdiction(s): (not specified)
Applicable taxesProperty Tax
Method of abatement: Tax Exemption
Provisions for recapture: (not specified)
Gross revenue loss: $2,600,000
Reimbursement / offset: $0
Net revenue loss: $2,600,000
Type of loss: Passive
Additional notes on dislosureApproximate number.
Document sourcehttps://www.sai.ok.gov/olps/uploads/fy21_lawton_audit_report_upjh.pdf