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: | Nebraska |
Effected Jurisdiction: | Papillion-Lavista School District 27 |
Jurisdiction type: | School District |
Fiscal year ending In: | 2020 |
Program name: | Tax Increment Financing (TIF) |
Program purpose: | General Economic Development |
Statutory authority: | (not specified) |
Abating jurisdiction(s): | City of La Vista |
Applicable taxes: | Property Tax |
Method of abatement: | Tax Diversion |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $74,225 |
Reimbursement / offset: | $0 |
Net revenue loss: | $74,225 |
Type of loss: | Passive |
Additional notes on dislosure: | Abatement granted by Community Redevelopment Authority. Used for the stated purpose of installation of sidewalks, street furniture, and sidewalk landscaping with the development of commercial space and multifamily units, as well as private, structured parking spaces. |