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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.

Effected JurisdictionGibsonburg Exempted Village School District
Jurisdiction type: School District
Fiscal year ending In2019
Program nameEnterprise Zone Agreements
Program purpose: General Economic Development
Statutory authority: Ohio Revised Code (ORC) Sections 5709.62; 5709.63
Abating jurisdiction(s): Sandusky County
Applicable taxesPersonal Property Tax; Real Property Tax
Method of abatement: Tax Exemption
Provisions for recapture: All Agreements must be finalized before the project begins and may contain provisions for the recoupment of taxes should the individual or entity fail to perform. The amount of the abatement is deducted from the business’s property tax bill.
Gross revenue loss: $13,685
Reimbursement / offset: $0
Net revenue loss: $13,685
Type of loss: Passive
Additional notes on dislosure(none)