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: | Rye City School District |
Jurisdiction type: | School district |
| Fiscal year ending In: | 2019 |
| Program name: | (not specified) |
| Program purpose: | Real estate development (residential) |
| Statutory authority: | Article 18-A of the General Municipal Law; Section 577 of the Public Housing Law = |
| Abating jurisdiction(s): | Rye City School District |
| Applicable taxes: | Real Property Tax |
| Method of abatement: | Payment In Lieu of Taxes (PILOT) |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $580,235 |
| Reimbursement / offset: | $450,785 |
| Net revenue loss: | $129,450 |
| Type of loss: | Active |
| Additional notes on dislosure: | Agreement entered into in partnership with the Westchester County IDA. |
