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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 JurisdictionPolk County School District
Jurisdiction type: School District
Fiscal year ending In2019
Program nameEconomic Incentive Program
Program purpose: General Economic Development
Statutory authority: (not specified)
Abating jurisdiction(s): Polk County; City of Cedartown; City of Rockmart
Applicable taxesReal Property Tax; Personal Property Tax
Method of abatement: (not specified)
Provisions for recapture: (not specified)
Gross revenue loss: $611,059
Reimbursement / offset: $550,182
Net revenue loss: $60,877
Type of loss: Passive
Additional notes on dislosureGross/net revenue losses are the total sums of three tax abatement agreements. Entered into by county/town/city Development Authority.