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: | Pennsylvania |
Effected Jurisdiction: | Philadelphia Public Schools |
Jurisdiction type: | School district |
Fiscal year ending In: | 2017 |
Program name: | Rehab & New Construc for Indust/Comm Prop |
Program purpose: | General Economic Development |
Statutory authority: | Section 19-1303 Philadelphis State Code |
Abating jurisdiction(s): | Philadelphia, PA |
Applicable taxes: | Property Tax |
Method of abatement: | Tax Abatement |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $27,300,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $27,300,000 |
Type of loss: | Passive |
Additional notes on dislosure: | (none) |
Document source: | https://www.philasd.org/accounting/financial-reporting/annual-financial-... |