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: | Lexington County School District 1 |
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):![]() | Lexington 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:![]() | $1,788,865 |
Reimbursement / offset:![]() | $149,270 |
Net revenue loss:![]() | $1,639,595 |
Type of loss:![]() | Passive |
Additional notes on dislosure: | (none) |