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: | Muscogee County School District |
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): | Muscogee County |
Applicable taxes: | Property Tax Tax |
Method of abatement: | (not specified) |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $8,403,712 |
Reimbursement / offset: | $0 |
Net revenue loss: | $8,403,712 |
Type of loss: | Passive |
Additional notes on dislosure: | This amount reflects the taxes abated for all taxing authorities combined (Muscogee County Schools and Columbus Consolidated Government). CAFR does not state what portion of the abatement is allocated to the district. |