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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.

StateMontana
Effected JurisdictionHelena School District
Jurisdiction type: School District
Fiscal year ending In2018
Program nameVarious Tax Abatements
Program purpose: Business attraction/retention/expansion
Statutory authority: Montana Code Annotated, Title 15, Chapter 24, Part 14
Abating jurisdiction(s): Lewis and Clark County, Montana
Applicable taxesProperty Tax
Method of abatement: Tax Abatement
Provisions for recapture: Property Tax abated by this section are subject to recapture if the ownership does not add at least $50,000 worth of qualifying improvements or modernized processes within the first two years in which these benefits are provided.
Gross revenue loss: $69,155
Reimbursement / offset: $0
Net revenue loss: $69,155
Type of loss: Passive
Additional notes on dislosureSee CACFR for company specific amounts, about half the abatemetns are for Boeing.
Document sourcehttps://helenaschools.org/departments/business-finance/