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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.

State or TerritoryIllinois
Effected JurisdictionCommunity Unit School District 200
Jurisdiction type: School District
Fiscal year ending In2019
Program nameVarious Property Tax Abatement Programs
Program purpose: General Economic Development
Statutory authority: (not specified)
Abating jurisdiction(s): Community Unit School District 200
Applicable taxesReal 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 dislosureThe 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.