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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 JurisdictionMontpelier Exempted Village School District
Jurisdiction type: School District
Fiscal year ending In2019
Program nameCommunity Reinvestment Program; Enterprise Zone Agreements
Program purpose: General Economic Development
Statutory authority: (not specified)
Abating jurisdiction(s): Village of Montpelier; Jefferson Township
Applicable taxesProperty Tax
Method of abatement: Payment In Lieu of Taxes (PILOT)
Provisions for recapture: (not specified)
Gross revenue loss: $40,516
Reimbursement / offset: $5,882
Net revenue loss: $34,634
Type of loss: Passive
Additional notes on dislosureGross/net revenue losses are the sum of all programs as the CAFR does not provide individual reimbursement/offset amounts for each jurisdiction and/or program.