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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.

Effected JurisdictionChicago Public Schools
Jurisdiction type: School District
Fiscal year ending In2022
Program nameClass 6b-7a-7b-9 Abatements
Program purpose: General Economic Development
Statutory authority: (not specified)
Abating jurisdiction(s): Cook County, IL
Applicable taxesProperty Tax
Method of abatement: Tax Exemption
Provisions for recapture: (not specified)
Gross revenue loss: $45,600,000
Reimbursement / offset: $0
Net revenue loss: $45,600,000
Type of loss: Passive
Additional notes on dislosure(none)
Document sourcehttps://www.cps.edu/globalassets/cps-pages/about-cps/finance/annual-fina...