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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.

State or TerritoryPennsylvania
Effected JurisdictionElizabethtown Area School District
Jurisdiction type: School district
Fiscal year ending In2019
Program nameLocal Economic Revitalization Tax Assistance (LERTA)
Program purpose: Construction/rehabilitation
Statutory authority: Local Economic Revitalization Tax Assistance Act
Abating jurisdiction(s): Elizabethtown Area School District
Applicable taxesProperty Tax
Method of abatement: Tax Exemption
Provisions for recapture: Exemption is revoked or forfeited for failure by the property owner to pay any (no provisions for recapture)xempt real estate by the last day of the time period to pay such taxes in the penalty period.
Gross revenue loss: $464,000
Reimbursement / offset: $0
Net revenue loss: $464,000
Type of loss: Active
Additional notes on dislosureMultiple agreements; specific properties not specified.