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: | New Jersey |
Effected Jurisdiction: | City of Elizabeth |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2021 |
Program name: | PILOT Agreements |
Program purpose: | Affordable Housing |
Statutory authority: | (not specified) |
Abating jurisdiction(s): | Elizabeth, New Jersey |
Applicable taxes: | Property Tax |
Method of abatement: | Tax Abatement |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $27,779,744 |
Reimbursement / offset: | $12,140,806 |
Net revenue loss: | $15,638,938 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://www.elizabethnj.org/DocumentCenter/View/4651/Audit-2021-SFY_City... |