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 York |
| Effected Jurisdiction: | Beacon City School District |
Jurisdiction type: | School district |
| Fiscal year ending In: | 2019 |
| Program name: | (not specified) |
| Program purpose: | General Economic Development |
| Statutory authority: | New York State Real Property Tax Law, Section 412-a; General Municipal Law, Section 874 |
| Abating jurisdiction(s): | Dutchess County; Beacon City |
| Applicable taxes: | Real Property Tax |
| Method of abatement: | Payment In Lieu of Taxes (PILOT) |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $896,590 |
| Reimbursement / offset: | $346,621 |
| Net revenue loss: | $549,969 |
| Type of loss: | Passive |
| Additional notes on dislosure: | Partially entered into by county/town/city IDAs. |
