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: | Philadelphia Public Schools |
Jurisdiction type: | School district |
| Fiscal year ending In: | 2020 |
| Program name: | New Construction for Resid Properties |
| Program purpose: | Housing |
| Statutory authority: | Section 19-1303 (2) Philadelphia State Code |
| Abating jurisdiction(s): | Philadelphia, PA |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax Abatement |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $33,500,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $33,500,000 |
| Type of loss: | Passive |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.philasd.org/accounting/financial-reporting/annual-financial-... |
