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: | Louisiana |
Effected Jurisdiction: | Jefferson Parish School Board |
Jurisdiction type: | School District |
Fiscal year ending In: | 2019 |
Program name: | Payment In Lieu of Tax (PILOT) |
Program purpose: | General Economic Development |
Statutory authority: | LRS 34:2021 et seq; LRS 39:991 to 1001 |
Abating jurisdiction(s): | Jefferon Parish |
Applicable taxes: | Property Tax |
Method of abatement: | Payment In Lieu of Taxes (PILOT) |
Provisions for recapture: | Failure to comply with these thresholds can affect the amount of tax abatement on a go forward basis. |
Gross revenue loss: | $252,181 |
Reimbursement / offset: | $0 |
Net revenue loss: | $252,181 |
Type of loss: | Passive |
Additional notes on dislosure: | Gross revenue loss and reimbursement amounts were recorded on December 31, 2018. |
Document source: | https://www.jpschools.org/Page/276 |