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: | New Jersey |
| Effected Jurisdiction: | Jersey City Public Schools |
Jurisdiction type: | School District |
| Fiscal year ending In: | 2019 |
| Program name: | Various Tax Abatement Agreements |
| Program purpose: | Urban Renewal |
| Statutory authority: | Long Term Tax Exemption Law, N.J.S.A. 40A:20-1 et seq. |
| Abating jurisdiction(s): | Jersey City, NJ |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax Abatement |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $45,952,567 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $45,952,567 |
| Type of loss: | Passive |
| Additional notes on dislosure: | Reported in Jersey City CAFR |
| Document source: | https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server_6189660/Fil... |
