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: | Georgia |
| Effected Jurisdiction: | Dalton Board of Education |
Jurisdiction type: | School District |
| Fiscal year ending In: | 2019 |
| Program name: | Industrial Revenue Bonds (IRB) |
| Program purpose: | General Economic Development |
| Statutory authority: | (not specified) |
| Abating jurisdiction(s): | City of Dalton |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax Exemption |
| Provisions for recapture: | In the event the entity fails to meet specified goals, a percentage method described in each agreement is used to determine the shortfall. The shortfall percentage is multiplied by the amount of taxes abated for the year for the project to arrive at a recovery payment. The recovery payment is due with the annual report. |
| Gross revenue loss: | $88,685 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $88,685 |
| Type of loss: | Passive |
| Additional notes on dislosure: | Entered into by county/town/city Joint Development Authority. |
