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: | Maryland |
| Effected Jurisdiction: | City of Baltimore |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2019 |
| Program name: | Economic Development Payment In Lieu of Tax (PILOT) - Business Development |
| Program purpose: | General Economic Development |
| Statutory authority: | Property Tax Article of the State Annotated Code Title 7 Property Tax Subtitle 5 Exemptions |
| Abating jurisdiction(s): | Baltimore, Maryland |
| Applicable taxes: | Real Estate Taxes |
| Method of abatement: | Payment In Lieu of Taxes (PILOT) |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $11,000,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $11,000,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://finance.baltimorecity.gov/public-info/reports |
