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: | 2022 |
| Program name: | PILOT Agreements |
| Program purpose: | Multiple |
| Statutory authority: | N.J.S.A. 40A:20; NJ.S.A. 20A:21 |
| Abating jurisdiction(s): | Elizabeth, New Jersey |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax Abatement |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $30,094,332 |
| Reimbursement / offset: | $12,000,000 |
| Net revenue loss: | $18,094,332 |
| Type of loss: | Active |
| Additional notes on dislosure: | ACFR has details on agreements |
| Document source: | https://www.elizabethnj.org/DocumentCenter/View/5479/Audit-2022-SFY_City... |
