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: | Savannah-Chatham 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): | Chatham County |
| Applicable taxes: | Property Tax; Real Property Tax |
| Method of abatement: | Payment In Lieu of Taxes (PILOT) |
| Provisions for recapture: | SEDA follows the State of Georgia’s performance guidelines for recipients that fail to meet its commitments and the property may be placed back on the tax digest with no further abatement. |
| Gross revenue loss: | $8,353,019 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $8,353,019 |
| Type of loss: | Passive |
| Additional notes on dislosure: | Entered into by county/town/city Economic Development Authority. |
