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: | Abbeville County School District |
Jurisdiction type: | School district |
| Fiscal year ending In: | 2020 |
| Program name: | Fee-in-Lieu of Tax Program (FILOT) |
| Program purpose: | Business attraction/retention/expansion |
| Statutory authority: | South Carolina Code Title 12, Chapter 44 and Title 4, Chapter 12 |
| Abating jurisdiction(s): | Abbeville County |
| Applicable taxes: | Property Tax |
| Method of abatement: | Reduction of assessment, millage rate, and millage rate changes |
| Provisions for recapture: | Repayments of any savings in Property Tax are required by state law if the taxpayer fails to maintain the conditions set forth in the agreement. Other recapture provisions may be negotiated on a case by case basis. |
| Gross revenue loss: | $10,415 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $10,415 |
| Type of loss: | Passive |
| Additional notes on dislosure: | (none) |
