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: | Des Moines Independent Community School District |
Jurisdiction type: | School district |
| Fiscal year ending In: | 2021 |
| Program name: | Passive Tax Abatemetnts:Urban Renewal and Economic Development Projects |
| Program purpose: | General Economic Development |
| Statutory authority: | (not specified) |
| Abating jurisdiction(s): | City of Des Moines; City of Pleasant Hill |
| Applicable taxes: | Property Tax |
| Method of abatement: | (not specified) |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $19,021,139 |
| Reimbursement / offset: | $2,141,438 |
| Net revenue loss: | $16,879,701 |
| Type of loss: | Passive |
| Additional notes on dislosure: | Gross revenue loss entered here is the sum of abatements from all jurisdictions, as the CAFR fails to provide an individual reimbursement/offset for each municipality. |
| Document source: | https://www.dmschools.org/departments/business-finance/financial-reports... |
