« Return to search form

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 JurisdictionOklahoma City School District I-89
Jurisdiction type: School District
Fiscal year ending In2021
Program nameProperty Tax Reimbursement Fund
Program purpose: General Economic Development
Statutory authority: Oklahoma Statute Title 62, Section 193
Abating jurisdiction(s): Oklahoma City
Applicable taxesProperty Tax Tax
Method of abatement: Payment In Lieu of Taxes (PILOT)
Provisions for recapture: (not specified)
Gross revenue loss: $2,093
Reimbursement / offset: $2,093
Net revenue loss: $0
Type of loss: Passive
Additional notes on dislosureDuring the year ended June 30, 2019, the amount of foregone tax revenues as a result of this exemption was $2,031, all of which was reimbursed by the State during the year ended June 30, 2019, in connection with the abated tax revenues.