« Return to search form

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.

StateArkansas
Effected JurisdictionLittle Rock School District
Jurisdiction type: School District
Fiscal year ending In2018
Program namePayment in lieu of Taxes (PILOT) Agreement - Little Rock School District
Program purpose: General Economic Development
Statutory authority: Municipalities and Counties Industrial Development Revenue Bond Law, Ark. Code Ann. §§ 14-164- 201 to 224
Abating jurisdiction(s): City of Little Rock
Applicable taxesProperty Tax
Method of abatement: Payment in Lieu of Taxes (PILOT)
Provisions for recapture: (not specified)
Gross revenue loss: $3,623,111
Reimbursement / offset: $1,171,757
Net revenue loss: $2,451,354
Type of loss: Passive
Additional notes on dislosureDisclosures reported by City of Little Rock
Document sourcehttps://www.littlerock.gov/city-administration/city-departments/finance/...