« Return to search form

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.

StateMichigan
Effected JurisdictionMoran Township School District
Jurisdiction type: School District
Fiscal year ending In2019
Program nameIndustrial Facilities Tax Exemptions
Program purpose: Construction/rehabilitation
Statutory authority: Plant Rehabilitation and Industrial Development Districts Act (known as the Industrial Facilities Tax Exemption), PA 198 of 1974, as amended;
Abating jurisdiction(s): County of Mackinac
Applicable taxesProperty Tax
Method of abatement: Tax Exemption; tax diversion; payment in lieu of tax
Provisions for recapture: There are clawback provisions
Gross revenue loss: $736,203
Reimbursement / offset: $0
Net revenue loss: $736,203
Type of loss: Passive
Additional notes on dislosureCalculated by dividing property tax by two as disclosed.