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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.

StateSouth Carolina
Effected JurisdictionLexington County School District 1
Jurisdiction type: School district
Fiscal year ending In2019
Program nameFee-in-Lieu of Tax, Special Source Revenue Credit and Infrastructure Program (FILOT + SSRC + IP)
Program purpose: General Economic Development
Statutory authority: Title 12/Chapter 44, Title 4/Chapter 29, and/or Title 4/Chapter 12 of the Code of Laws of South Carolina; Sections 4-29-68 and 4-1-170 of the Code of Laws of South Carolina; Article VIII, Section 13(d) of the Constitution of South Carolina, as amended and South Carolina Title 4, Chapter 1
Abating jurisdiction(s): Lexington County
Applicable taxesProperty Tax
Method of abatement: Reduction of assessment, millage rate, and millage rate changes; Tax Credit
Provisions for recapture: (not specified)
Gross revenue loss: $8,991,050
Reimbursement / offset: $88,345
Net revenue loss: $8,902,705
Type of loss: Passive
Additional notes on dislosure(none)