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: | Iowa |
Effected Jurisdiction: | Clear Creek Amana Community School District |
Jurisdiction type: | School district |
Fiscal year ending In: | 2017 |
Program name: | Urban Renewal |
Program purpose: | General Economic Development |
Statutory authority: | (not specified) |
Abating jurisdiction(s): | Coralville IA |
Applicable taxes: | Property Tax |
Method of abatement: | (not specified) |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $384,263 |
Reimbursement / offset: | $258,409 |
Net revenue loss: | $125,854 |
Type of loss: | Passive |
Additional notes on dislosure: | The 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 $258,409. |