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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.

Effected JurisdictionWyomissing Area School District
Jurisdiction type: School district
Fiscal year ending In2019
Program nameTax Increment Financing (TIF)
Program purpose: General Economic Development
Statutory authority: Pennsylvania Assembly Act No. 113 of 1990
Abating jurisdiction(s): Wyomissing Area School District
Applicable taxesProperty Tax
Method of abatement: Tax diversion
Provisions for recapture: (not specified)
Gross revenue loss: $44,752
Reimbursement / offset: $0
Net revenue loss: $44,752
Type of loss: Active
Additional notes on dislosure(none)