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: | Elizabeth School District |
Jurisdiction type: | School District |
| Fiscal year ending In: | 2022 |
| Program name: | Various Property Tax Abatement Agreements |
| Program purpose: | General Economic Development |
| Statutory authority: | N.J.S.A. 54:4-75 and N.J.S.A. 54:4-76 |
| Abating jurisdiction(s): | City of Elizabeth |
| Applicable taxes: | Property Tax |
| Method of abatement: | (not specified) |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $6,769,879 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $6,769,879 |
| Type of loss: | Passive |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.nj.gov/education/finance/fp/acfr/search/22/1320.pdf |
