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: | South Carolina |
| Effected Jurisdiction: | Calhoun County School District |
Jurisdiction type: | School district |
| Fiscal year ending In: | 2019 |
| Program name: | Fee-in-Lieu of Tax Program (FILOT) and Special Source Revenue Credit (SSRC) |
| Program purpose: | General 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 |
| Abating jurisdiction(s): | Calhoun County |
| Applicable taxes: | Property Tax |
| Method of abatement: | Reduction of assessment, millage rate, and millage rate changes (FILOT); Tax Credit (SSRC) |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $3,536,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $3,536,000 |
| Type of loss: | Passive |
| Additional notes on dislosure: | Amount reported is for tax year 2018. |
