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: | South Carolina |
| Effected Jurisdiction: | Lexington County School District 1 |
Jurisdiction type: | School district |
| Fiscal year ending In: | 2020 |
| Program name: | Fee-in-Lieu of Tax and Infrastructure Program (FILOT + IP) |
| Program purpose: | 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 taxes: | Property Tax |
| Method of abatement: | Reduction of assessment, millage rate, and millage rate changes; Tax Credit |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $900,373 |
| Reimbursement / offset: | $13,904 |
| Net revenue loss: | $886,469 |
| Type of loss: | Passive |
| Additional notes on dislosure: | (none) |
