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Tax Break Tracker Individual Entry

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.

StateNew York
Effected JurisdictionRome City School District
Jurisdiction type: School District
Fiscal year ending In2019
Program nameVarious Property Tax Abatement Programs
Program purpose: Real estate development (residential)
Statutory authority: Private Housing Finance Law Sections 125 and 577; Article 18-A of the New York State Municipal Law
Abating jurisdiction(s): Oneida County; the City of Rome
Applicable taxesProperty Tax
Method of abatement: Payment In Lieu of Taxes (PILOT)
Provisions for recapture: (not specified)
Gross revenue loss: $4,773,513
Reimbursement / offset: $1,365,517
Net revenue loss: $3,407,996
Type of loss: Passive
Additional notes on dislosurePartially entered into by county/town/city IDAs.