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: | Idaho |
Effected Jurisdiction: | Lewiston Independent District |
Jurisdiction type: | School District |
Fiscal year ending In: | 2019 |
Program name: | Property Tax Exemption |
Program purpose: | General Economic Development |
Statutory authority: | Idaho Code 63-602NN |
Abating jurisdiction(s): | Nez Perce County |
Applicable taxes: | Property Tax |
Method of abatement: | Tax Exemption |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $382,573 |
Reimbursement / offset: | $0 |
Net revenue loss: | $382,573 |
Type of loss: | Passive |
Additional notes on dislosure: | The abatement does not reduce the property tax levied by the District below the levels in previous years, but does delay the increases that could result from the expansion of two large manufacturing firms in the community. Overall increases in the market value of the District should have a positive effect in the future. |