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: | City of Columbia |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2020 |
Program name: | Fee in Lieu of Taxes (FILOT) |
Program purpose: | General Economic Development |
Statutory authority: | Code of Laws of South Carolina 1976 Chapter 4 Title 12; Chapter 44; Section 4-29-67 |
Abating jurisdiction(s): | Richland County, South Carolina |
Applicable taxes: | Property Tax |
Method of abatement: | (not specified) |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $334,521 |
Reimbursement / offset: | $508,505 |
Net revenue loss: | $0 |
Type of loss: | Passive |
Additional notes on dislosure: | (none) |