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: | Mexico School District 60 |
Jurisdiction type: | School District |
| Fiscal year ending In: | 2019 |
| Program name: | Industrial Development Bonds |
| Program purpose: | General Economic Development |
| Statutory authority: | RSMo. Chapter 100 |
| Abating jurisdiction(s): | City of Mexico |
| Applicable taxes: | Property Tax Taxes |
| Method of abatement: | Tax Exemption |
| Provisions for recapture: | Section 100.800 of the RSMo does provide for the recapture of abated taxes, sometimes referred to as “claw back” provisions, in the event an abatement recipient does not fulfill the commitment it makes in return for the tax abatement. |
| Gross revenue loss: | $641,574 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $641,574 |
| Type of loss: | Passive |
| Additional notes on dislosure: | Gross/net revenue losses are both approximate amounts. |
