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: | Elizabethtown Area School District |
Jurisdiction type: | School district |
Fiscal year ending In: | 2019 |
Program name: | Local 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 taxes: | Property 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 dislosure: | Multiple agreements; specific properties not specified. |