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 York |
Effected Jurisdiction: | Newburgh Enlarged City School District |
Jurisdiction type: | School district |
Fiscal year ending In: | 2019 |
Program name: | Payment in Lieu of Taxes (PILOT) |
Program purpose: | Real estate development (residential) |
Statutory authority: | Article 4 of the Real Property Tax Law; Article 18-A of the Real Property Tax Law, the Agriculture and Markets Law, the Transportation Law |
Abating jurisdiction(s): | Orange County; the Town of Newburgh; the Town of New Windsor; the City of Newburgh |
Applicable taxes: | Real Property Tax |
Method of abatement: | Payment In Lieu of Taxes (PILOT) |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $4,641,787 |
Reimbursement / offset: | $1,847,996 |
Net revenue loss: | $2,793,791 |
Type of loss: | Passive |
Additional notes on dislosure: | Partially entered into by county/town/city IDAs. |