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: | 2023 |
| 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; Urbandale; City of Norwalk |
| Applicable taxes: | Property Tax |
| Method of abatement: | (not specified) |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $17,356,543 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $17,356,543 |
| Type of loss: | Passive |
| Additional notes on dislosure: | Offsetting revenue is from school funding formula |
| Document source: | https://dmschools.b-cdn.net/wp-content/uploads/2024/03/ACFR_2023.pdf |
