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Tax Break Tracker Individual Entry

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.

StateIllinois
Effected JurisdictionEast Peoria Community High School District 309
Jurisdiction type: School District
Fiscal year ending In2019
Program nameTax Increment Financing (TIF)
Program purpose: General Economic Development
Statutory authority: 65 ILCS 5/11-74.4
Abating jurisdiction(s): City of East Peoria
Applicable taxesProperty Tax
Method of abatement: Payment In Lieu of Taxes (PILOT)
Provisions for recapture: (not specified)
Gross revenue loss: $1,318,965
Reimbursement / offset: $35,837
Net revenue loss: $1,283,128
Type of loss: Passive
Additional notes on dislosure(none)