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: | Spartanburg County School District 7 |
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):![]() | Spartanburg 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:![]() | $3,544,496 |
Reimbursement / offset:![]() | $2,828,183 |
Net revenue loss:![]() | $716,313 |
Type of loss:![]() | Passive |
Additional notes on dislosure: | (none) |