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: | Oklahoma |
| Effected Jurisdiction: | Broken Arrow Public School District I-003 |
Jurisdiction type: | School District |
| Fiscal year ending In: | 2019 |
| Program name: | Tax Increment Financing (TIF) |
| Program purpose: | General Economic Development |
| Statutory authority: | Oklahoma Statute 62-850 |
| Abating jurisdiction(s): | City of Broken Arrow |
| Applicable taxes: | Property Tax Tax |
| Method of abatement: | Tax Increment Financing (TIF) |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $449,183 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $449,183 |
| Type of loss: | Passive |
| Additional notes on dislosure: | Recipient of abatement is Development District No. One. |
| Document source: | https://www.baschools.org/pages/uploaded_files/CAFR_2019.pdf |
