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: | New Madrid County R-I School District |
Jurisdiction type: | School District |
Fiscal year ending In: | 2019 |
Program name: | Industrial Development Bonds |
Program purpose: | General Economic Development |
Statutory authority: | Missouri Constitution Article VI, Section 27 (b); RSMo. Sections 100.010 to 100.200 |
Abating jurisdiction(s): | New Madrid County |
Applicable taxes: | Property Tax Taxes |
Method of abatement: | Payment In Lieu of Taxes (PILOT) |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $738,122 |
Reimbursement / offset: | $221,437 |
Net revenue loss: | $516,685 |
Type of loss: | Passive |
Additional notes on dislosure: | (none) |