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: | Maryland |
| Effected Jurisdiction: | Prince George's County |
Jurisdiction type: | County |
| Fiscal year ending In: | 2020 |
| Program name: | Payment in Lieu of Taxes |
| Program purpose: | General Economic Development |
| Statutory authority: | MD Annotated Code Section 7-211.3; 7-505; 7-506.1; 7-514; 7-516 |
| Abating jurisdiction(s): | Prince George's County |
| Applicable taxes: | Real Property Tax |
| Method of abatement: | Tax Exemption |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $2,429,172 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $2,429,172 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.princegeorgescountymd.gov/4334/Annual-Comprehensive-Financia... |
