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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 JurisdictionOrleans Parish School Board
Jurisdiction type: School District
Fiscal year ending In2021
Program nameState Industrial Ad Valorem Tax Exemption Program
Program purpose: General Economic Development
Statutory authority: Louisiana Constitution Article 7, Section 21
Abating jurisdiction(s): City of New Orleans, Louisiana
Applicable taxesProperty Tax
Method of abatement: Tax Abatement
Provisions for recapture: (not specified)
Gross revenue loss: $2,928,242
Reimbursement / offset: $0
Net revenue loss: $2,928,242
Type of loss: Passive
Additional notes on dislosure(none)
Document sourcehttps://nolapublicschools.com/documents/financial/audit-reports