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: | Washington School District |
Jurisdiction type: | School District |
Fiscal year ending In: | 2019 |
Program name: | Tax Increment Finance (TIF) |
Program purpose: | General Economic Development |
Statutory authority: | RSMo. Sections 99.800 to 99.865 |
Abating jurisdiction(s): | City of Washington |
Applicable taxes: | Real Property Tax; Personal Property Tax |
Method of abatement: | Tax Diversion |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $447,208 |
Reimbursement / offset: | $0 |
Net revenue loss: | $447,208 |
Type of loss: | Passive |
Additional notes on dislosure: | Gross/net revenue losses are the sum of three tax abatement agreements from the 2018 and 2019 calendar years. |