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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 JurisdictionDalton Board of Education
Jurisdiction type: School District
Fiscal year ending In2019
Program nameIndustrial Revenue Bonds (IRB)
Program purpose: General Economic Development
Statutory authority: (not specified)
Abating jurisdiction(s): Whitfield County BOE
Applicable taxesProperty Tax
Method of abatement: Tax Exemption
Provisions for recapture: In the event the entity fails to meet specified goals, a percentage method described in each agreement is used to determine the shortfall. The shortfall percentage is multiplied by the amount of taxes abated for the year for the project to arrive at a recovery payment. The recovery payment is due with the annual report.
Gross revenue loss: $2,128,617
Reimbursement / offset: $0
Net revenue loss: $2,128,617
Type of loss: Passive
Additional notes on dislosureI'm unsure if the abating jurisdiction should be noted as the county itself or a school district.