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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.

StateArkansas
Effected JurisdictionCity of Little Rock
Jurisdiction type: Municipality
Fiscal year ending In2019
Program namePayment in lieu of Taxes (PILOT) Agreement - City of Little Rock
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: $1,313,079
Reimbursement / offset: $426,273
Net revenue loss: $886,806
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.littlerock.gov/city-administration/city-departments/finance/...