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.
| State or Territory: | Ohio |
| Effected Jurisdiction: | Gibsonburg Exempted Village School District |
Jurisdiction type: | School District |
| Fiscal year ending In: | 2019 |
| Program name: | Enterprise Zone Agreements |
| Program purpose: | General Economic Development |
| Statutory authority: | Ohio Revised Code (ORC) Sections 5709.62; 5709.63 |
| Abating jurisdiction(s): | Sandusky County |
| Applicable taxes: | Personal Property Tax; Real Property Tax |
| Method of abatement: | Tax Exemption |
| Provisions for recapture: | All Agreements must be finalized before the project begins and may contain provisions for the recoupment of taxes should the individual or entity fail to perform. The amount of the abatement is deducted from the business’s property tax bill. |
| Gross revenue loss: | $13,685 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $13,685 |
| Type of loss: | Passive |
| Additional notes on dislosure: | (none) |
