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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.

StateIowa
Reporting JurisdictionCouncil Bluffs Community School District
Jurisdiction type: School district
Fiscal year ending In2017
Program nameTax Increment Financing (TIF)
Program purpose: General Economic Development
Statutory authority: (data not yet retrieved)
Abating jurisdiction(s): Council Bluffs IA
Applicable taxesProperty Tax
Method of abatement: (data not yet retrieved)
Provisions for recapture: (not specified)
Gross revenue loss: $862,130
Reimbursement / offset: $365,382
Net revenue loss: $496,748
Type of loss: Passive
Additional notes on dislosureThe State of Iowa reimburses the District an amount equivalent to the increment of valuation on which property tax is divided times $5.40 per $1,000 of taxable valuation. For the year ended June 30, 2017, this reimbursement amounted to $365,382.