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: | Arkansas |
Effected Jurisdiction: | Pulaski County |
Jurisdiction type: | County |
Fiscal year ending In: | 2020 |
Program name: | Payment in lieu of Taxes (PILOT) Agreement - Pulaski County |
Program purpose: | General Economic Development |
Statutory authority: | Municipalities and Counties Industrial Development Revenue Bond Law, Ark. Code Ann. §§ 14-164- 201 to 224 |
Abating jurisdiction(s): | City of Little Rock |
Applicable taxes: | Property Tax |
Method of abatement: | Payment in Lieu of Taxes (PILOT) |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $559,638 |
Reimbursement / offset: | $182,751 |
Net revenue loss: | $376,887 |
Type of loss: | Passive |
Additional notes on dislosure: | Includes only abatements reported by City of Little Rock, amount might be largerbecause other jursidiction PILOTs are not incuded |
Document source: | https://www.littlerock.gov/city-administration/city-departments/finance/... |