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: | Illinois |
Effected Jurisdiction: | Community Unit School District 200 |
Jurisdiction type: | School District |
Fiscal year ending In: | 2019 |
Program name: | Various Property Tax Abatement Programs |
Program purpose: | General Economic Development |
Statutory authority: | (not specified) |
Abating jurisdiction(s): | Community Unit School District 200 |
Applicable taxes: | Real Property Tax |
Method of abatement: | Tax Abatement |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $396,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $396,000 |
Type of loss: | Active |
Additional notes on dislosure: | The amount of the real estate taxes to be abated in future years is not presently determinable, as that amount is subject to the assessed valuation of the property following completion of the expansion. |