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: | Mount Vernon School District 80 |
Jurisdiction type: | School District |
Fiscal year ending In: | 2019 |
Program name: | Enterprise Zone |
Program purpose: | General Economic Development |
Statutory authority: | 20 ILCS 655 |
Abating jurisdiction(s): | Jefferson County |
Applicable taxes: | Property Tax |
Method of abatement: | Payment In Lieu of Taxes (PILOT) |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $78,118 |
Reimbursement / offset: | $0 |
Net revenue loss: | $78,118 |
Type of loss: | Passive |
Additional notes on dislosure: | The District levies for the amount of taxes based on current allowable amounts; therefore, the amount of revenue that would be distributed to the District from Jefferson County related to these property tax abatements is not determinable. Zone established in 1984. |