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: | 2020 |
Program name: | Industrial Tax Exemption Program (ITEP) |
Program purpose: | Manufacturing development |
Statutory authority: | Louisiana Constitution of 1974, Article VII, Part 2, Section 21(F) |
Abating jurisdiction(s): | State of Louisiana |
Applicable taxes: | Property Tax |
Method of abatement: | Tax Exemption |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $2,540,196 |
Reimbursement / offset: | $0 |
Net revenue loss: | $2,540,196 |
Type of loss: | Passive |
Additional notes on dislosure: | Gross revenue loss was recorded in December 2018. |
Document source: | https://www.jpschools.org/Page/276 |