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Tax Break Tracker Individual Entry

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.

StateGeorgia
Effected JurisdictionSavannah-Chatham County Board of Education
Jurisdiction type: School District
Fiscal year ending In2019
Program nameVarious Property Tax Abatement Agreements
Program purpose: General Economic Development
Statutory authority: (not specified)
Abating jurisdiction(s): Chatham County
Applicable taxesProperty Tax; Real Property Tax
Method of abatement: Payment In Lieu of Taxes (PILOT)
Provisions for recapture: SEDA follows the State of Georgia’s performance guidelines for recipients that fail to meet its commitments and the property may be placed back on the tax digest with no further abatement.
Gross revenue loss: $8,353,019
Reimbursement / offset: $0
Net revenue loss: $8,353,019
Type of loss: Passive
Additional notes on dislosureEntered into by county/town/city Economic Development Authority.