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: | Dorchester County School District 4 |
Jurisdiction type: | School district |
Fiscal year ending In: | 2019 |
Program name: | Fee-in-Lieu of Tax Program (FILOT), Special Source Revenue Credit (SSRC), and Multi-County Industrial Park (MCIP) |
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; Article VIII, Section 13(d) of the Constitution of South Carolina, as amended and South Carolina Title 4, Chapter 1 |
Abating jurisdiction(s): | Dorchester 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: | $8,483,703 |
Reimbursement / offset: | $0 |
Net revenue loss: | $8,483,703 |
Type of loss: | Passive |
Additional notes on dislosure: | (none) |