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: | Missouri |
Effected Jurisdiction: | City of St. Louis |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2019 |
Program name: | Tax Increment Financing (TIF) - PILOT |
Program purpose: | General Economic Development (TIF) |
Statutory authority: | Missouri's TIF Act (RSMo 99.800-99.865). Development area approved by ordinance. |
Abating jurisdiction(s): | St. Louis, Missouri |
Applicable taxes: | Real Property Tax |
Method of abatement: | Payment in Lieu of Taxes (PILOT) |
Provisions for recapture: | By redevelopment agreement |
Gross revenue loss: | $4,644,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $4,644,000 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://www.stlouis-mo.gov/government/departments/comptroller/documents/... |