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: | Polk County School District |
Jurisdiction type: | School District |
Fiscal year ending In: | 2019 |
Program name: | Economic Incentive Program |
Program purpose: | General Economic Development |
Statutory authority: | (not specified) |
Abating jurisdiction(s): | Polk County; City of Cedartown; City of Rockmart |
Applicable taxes: | Real Property Tax; Personal Property Tax |
Method of abatement: | (not specified) |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $611,059 |
Reimbursement / offset: | $550,182 |
Net revenue loss: | $60,877 |
Type of loss: | Passive |
Additional notes on dislosure: | Gross/net revenue losses are the total sums of three tax abatement agreements. Entered into by county/town/city Development Authority. |