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 Dakota |
Effected Jurisdiction: | Lead-Deadwood School District 40-1 |
Jurisdiction type: | School district |
Fiscal year ending In: | 2018 |
Program name: | Tax Increment Financing (TIF) Districts |
Program purpose: | General Economic Development (TIF) |
Statutory authority: | South Dakota Codified Law (SDCL) section 11-9 |
Abating jurisdiction(s): | Municipality of Deadwood, South Dakota |
Applicable taxes: | Property Tax |
Method of abatement: | Tax diversion |
Provisions for recapture: | (no provisions for recapture) |
Gross revenue loss: | $388,931 |
Reimbursement / offset: | $0 |
Net revenue loss: | $388,931 |
Type of loss: | Passive |
Additional notes on dislosure: | (none) |