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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.

StateSouth Carolina
Effected JurisdictionNorth Charleston
Jurisdiction type: Municipality
Fiscal year ending In2017
Program nameProperty Tax Abatement of Charleston County
Program purpose: General Economic Development
Statutory authority: (not specified)
Abating jurisdiction(s): Charleston, South Carolina
Applicable taxesProperty Tax
Method of abatement: (not specified)
Provisions for recapture: (not specified)
Gross revenue loss: $14,480,000
Reimbursement / offset: $0
Net revenue loss: $14,480,000
Type of loss: Passive
Additional notes on dislosure(none)
Document sourcehttps://www.northcharleston.org/government/finance/