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: | Kansas City School District |
Jurisdiction type: | School District |
Fiscal year ending In: | 2019 |
Program name: | Tax Increment Financing (TIF); Enhanced Enterprised Zones; Chapter 99 Tax Abatement; Chapter 100 Tax Abatement; Chapter 353 Tax Abatement |
Program purpose: | General Economic Development |
Statutory authority: | Not specified; Missouri Tax Code Chapter 99; Missouri Tax Code Chapter 100; Missouri Tax Code Chapter 353 |
Abating jurisdiction(s): | Kansas City |
Applicable taxes: | Property Tax |
Method of abatement: | Payment In Lieu of Taxes (PILOT) |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $21,777,000 |
Reimbursement / offset: | $820,000 |
Net revenue loss: | $20,957,000 |
Type of loss: | Passive |
Additional notes on dislosure: | Gross/net revenue losses are the sum of multiple tax abatement agreements. |