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: | Pennsylvania |
Effected Jurisdiction: | Chambersburg Area School District |
Jurisdiction type: | School District |
Fiscal year ending In: | 2019 |
Program name: | Keystone Opportunity Zone (KOZ) |
Program purpose: | General Economic Development |
Statutory authority: | (not specified) |
Abating jurisdiction(s): | (not specified) |
Applicable taxes: | Property Tax |
Method of abatement: | Tax Credit; tax abatement; tax waiver |
Provisions for recapture: | Any business which relocates outside of the zone within the first five years of locating in a zone may be required to refund all tax benefits received. |
Gross revenue loss: | $167,241 |
Reimbursement / offset: | $0 |
Net revenue loss: | $167,241 |
Type of loss: | Passive |
Additional notes on dislosure: | Unclear which government entity granted the abatements. |