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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
Effected JurisdictionCharles City Community School District
Jurisdiction type: School district
Fiscal year ending In2017
Program nameUrban Renewal
Program purpose: General Economic Development
Statutory authority: (not specified)
Abating jurisdiction(s): City of Charles
Applicable taxesProperty Tax
Method of abatement: (not specified)
Provisions for recapture: (not specified)
Gross revenue loss: $221,133
Reimbursement / offset: $105,984
Net revenue loss: $115,149
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 $105,984.