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: | Washington |
Effected Jurisdiction: | Tacoma School District |
Jurisdiction type: | School district |
Fiscal year ending In: | 2020 |
Program name: | Housing projects with 5 or more units |
Program purpose: | Construction/rehabilitation |
Statutory authority: | (not specified) |
Abating jurisdiction(s): | City of Tacoma |
Applicable taxes: | Property Tax |
Method of abatement: | Tax Exemption |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $2,001,622 |
Reimbursement / offset: | $0 |
Net revenue loss: | $2,001,622 |
Type of loss: | Passive |
Additional notes on dislosure: | The tax abatements did not result in a reduction or loss of revenue to the district because, pursuant to state law, these taxes were reallocated to other property tax payers. |