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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.

State or TerritoryMissouri
Effected JurisdictionLiberty Public School District 53
Jurisdiction type: School District
Fiscal year ending In2019
Program nameChapter 353 Tax Abatement; Chapter 100 Tax Abatement
Program purpose: General Economic Development
Statutory authority: (not specified)
Abating jurisdiction(s): Liberty MO
Applicable taxesProperty Tax
Method of abatement: Payment In Lieu of Taxes (PILOT)
Provisions for recapture: (not specified)
Gross revenue loss: $4,420,761
Reimbursement / offset: $481,008
Net revenue loss: $3,939,753
Type of loss: Passive
Additional notes on dislosureGross/net revenue losses are the sum of multiple tax abatement agreements.