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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.

StateLouisiana
Effected JurisdictionBogalusa School Board
Jurisdiction type: School District
Fiscal year ending In2019
Program nameIndustrial Tax Exemption Program (ITEP)
Program purpose: Manufacturing development
Statutory authority: Louisiana Constitution Article 7, Section 21
Abating jurisdiction(s): State of Louisiana
Applicable taxesProperty Tax
Method of abatement: Tax Exemption
Provisions for recapture: The local government may recapture abated taxes if a company fails to expand facilities or otherwise fail to fulfill its commitments under the agreement.
Gross revenue loss: $1,969,176
Reimbursement / offset: $0
Net revenue loss: $1,969,176
Type of loss: Passive
Additional notes on dislosure(none)