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: | 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 September 1, 2003 |
Abating jurisdiction(s): | Hamburg Area School District |
Applicable taxes: | Property Tax |
Method of abatement: | Tax diversion |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $558,611 |
Reimbursement / offset: | $0 |
Net revenue loss: | $558,611 |
Type of loss: | Active |
Additional notes on dislosure: | Agreement with Cabela’s Retail, Inc., Berks County Development Authority, Commonwealth of Pennsylvania, County of Berks, and Tilden Township; agreement started in 2008. |