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: | Lowndes County Board of Education |
Jurisdiction type: | School District |
Fiscal year ending In: | 2019 |
Program name: | Various Property Tax Abatement Agreements |
Program purpose: | General Economic Development |
Statutory authority: | (not specified) |
Abating jurisdiction(s): | Lowndes County |
Applicable taxes: | Property Tax |
Method of abatement: | (not specified) |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $527,641 |
Reimbursement / offset: | $0 |
Net revenue loss: | $527,641 |
Type of loss: | Passive |
Additional notes on dislosure: | CAFR only included abatement agreements that exceed 10.00% of the total amount abated. Because of this the report only disclosed two tax abatement agreements with a sum total of $511,835.50 and each one amounting to $448,160.74 and $63,674.76. |