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: | Hamburg Area School District |
Jurisdiction type: | School district |
| Fiscal year ending In: | 2019 |
| Program name: | Tax Increment Financing (TIF) |
| Program purpose: | General Economic Development |
| Statutory authority: | Pennsylvania Tax Increment Financing Act, on May 19, 2008 |
| Abating jurisdiction(s): | Hamburg Area School District |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax diversion |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $32,309 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $32,309 |
| Type of loss: | Active |
| Additional notes on dislosure: | Agreement with Redevlopment Authority of the County of Berks, Borough of Hamburg, and Berks County; abatement started in 2008. |
