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: | 2023 |
| 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: | $240,422 |
| Reimbursement / offset: | $738,217 |
| Net revenue loss: | $0 |
| Type of loss: | Passive |
| Additional notes on dislosure: | (none) |
| Document source: | https://finance.columbiasc.gov/wp-content/uploads/2023/12/2023-COC-ACFR-... |
