New Jersey
NJ
City of Clifton
Municipality
2015
Long Term Tax Exemption Law
General Economic Development
NJSA 40A:20 et.seq.)
Clifton
Property Tax
Tax Abatement
(not specified)
$1,940,894
$262,556
$1,678,338
Reimbursement is in the form of PILOT
7342
New Jersey
NJ
City of Rahway
Municipality
2015
PILOTs - LT Tax Exemption Law
General Economic Development
(not specified)
Rahway
Property Tax
Tax Abatement
(not specified)
$1,581,863
$0
$1,581,863
(none)
7343
New Jersey
NJ
City of South Amboy
Municipality
2015
PILOTs - LT Tax Exemption Law
General Economic Development
(not specified)
South Amboy
Property Tax
Tax Abatement
(not specified)
$485,821
$0
$485,821
(none)
7344
New Jersey
NJ
Wayne Township
Municipality
2015
New Jersey Housing and Mortgage Finance Act
Housing
(not specified)
Wayne Township
Property Tax
Tax Abatement
(not specified)
$2,050,296
$0
$2,050,296
(none)
7345
New Jersey
NJ
City of Asbury Park
Municipality
2016
PILOTs
General Economic Development
(not specified)
Asbury Park
Property Tax
Tax Abatement
(not specified)
$1,725,800
$0
$1,725,800
(none)
7346
New Jersey
NJ
City of Clifton
Municipality
2016
LT Tax Exemption Law
General Economic Development
(not specified)
Clifton
Property Tax
Tax Abatement
(not specified)
$1,718,626
$0
$1,718,626
(none)
7347
New Jersey
NJ
City of Edison
Municipality
2016
PILOTs - LT Tax Exemption Law
General Economic Development
(not specified)
Edison
Property Tax
Tax Abatement
(not specified)
$41,116
$0
$41,116
(none)
7348
New Jersey
NJ
City of Milltown
Municipality
2016
Tax Abatement & PILOT
General Economic Development
(not specified)
Milltown
Property Tax
Tax Abatement
(not specified)
$5,824
$0
$5,824
(none)
7349
New Jersey
NJ
City of Morristown
Municipality
2016
Tax Abatement
General Economic Development
(not specified)
Morristown
Property Tax
Tax Abatement
(not specified)
$278,537
$0
$278,537
(none)
7350
New Jersey
NJ
City of Passaic
Municipality
2016
PILOTs - LT Tax Exemption Law
General Economic Development
(not specified)
Passaic
Property Tax
Tax Abatement
(not specified)
$965,150
$0
$965,150
(none)
7351
New Jersey
NJ
City of Passaic
Municipality
2016
PILOTs - LT Tax Exemption Law
General Economic Development
(not specified)
Passaic
Property Tax
Tax Abatement
(not specified)
$381,850
$0
$381,850
(none)
7352
New Jersey
NJ
City of Passaic
Municipality
2016
5 Yr Exemption & Abatement
General Economic Development
(not specified)
Passaic
Property Tax
Tax Abatement
(not specified)
$168,300
$0
$168,300
(none)
7353
New Jersey
NJ
City of Passaic
Municipality
2016
5 Yr Exemption & Abatement
General Economic Development
(not specified)
Passaic
Property Tax
Tax Abatement
(not specified)
$80,600
$0
$80,600
(none)
7354
New Jersey
NJ
City of Phillipsburg
Municipality
2016
Senior Housing-PILOT
Housing
(not specified)
Phillipsburg
Property Tax
Tax Abatement
(not specified)
$937,281
$0
$937,281
(none)
7355
New Jersey
NJ
City of Rahway
Municipality
2016
PILOTs - LT Tax Exemption Law
General Economic Development
(not specified)
Rahway
Property Tax
Tax Abatement
(not specified)
$1,955,009
$0
$1,955,009
(none)
7356
New Jersey
NJ
City of Somerville
Municipality
2016
PILOTs - LT Tax Exemption Law
General Economic Development
(not specified)
Somerville, NJ
Property Tax
Tax Abatement
(not specified)
$258,164
$0
$258,164
(none)
7357
New Jersey
NJ
City of South Amboy
Municipality
2016
PILOTs - LT Tax Exemption Law
General Economic Development
(not specified)
South Amboy
Property Tax
Tax Abatement
(not specified)
$503,334
$0
$503,334
(none)
7358
New Jersey
NJ
Jackson Township
Municipality
2016
Various agreements entered into by Jackson Township
General Economic Development
(not specified)
Jackson Township
Property Tax
Tax Abatement
(not specified)
$319,580
$0
$319,580
(none)
7359
New Jersey
NJ
Middlesex County
County
2016
Various PILOT Agreements
General Economic Development
New Jersey State Statutes. N.J.S.A. 40A:20-l
Various govts w/I county
local, school, county, fire district taxes
(not specified)
(not specified)
$2,052,957
$0
$2,052,957
(none)
https://www.middlesexcountynj.gov/government/departments/department-of-business-innovation-education-and-opportunity/middlesex-county-improvement-authority/about-mcia/authority-annual-reports
7360
New Jersey
NJ
Montclair Township
Municipality
2016
Tax Abatements
General Economic Development
(not specified)
Montclair Township
Property Tax
Tax Abatement
(not specified)
$3,807,377
$0
$3,807,377
(none)
7361
New Jersey
NJ
Morris County
County
2016
Property Tax Abatements (Multiple Municipalities)
(not specified)
(not specified)
(not specified)
Real Property Tax/PILOT
(not specified)
(not specified)
$504,000
$0
$504,000
(none)
7362
New Jersey
NJ
Pennsauken Township
Municipality
2016
Economic Incentive Agreements
General Economic Development
(not specified)
Pennsauken Township
Property Tax
Tax Abatement
(not specified)
$63,375
$0
$63,375
(none)
7363
New Jersey
NJ
Toms River Township
Municipality
2016
NJ Housing and Mortgage Fin Act
Housing
New Jersey Housing and Mortgage Financing Act Law of 1983, N.J.S.A. 55:14K-1
Toms River Township
Property Tax
Tax Abatement
(not specified)
$564,563
$0
$564,563
(none)
https://tomsrivertownship.com/178/Finance
7364
New Jersey
NJ
Wayne Township
Municipality
2016
NJ Housing and Mortgage Fin Act
Housing
(not specified)
Wayne Township
Property Tax
Tax Abatement
(not specified)
$2,068,826
$0
$2,068,826
(none)
7365
New Jersey
NJ
West Orange Township
Municipality
2016
PILOTs
General Economic Development
(not specified)
West Orange Township
Property Tax
Tax Abatement
(not specified)
$2,987,064
$0
$2,987,064
(none)
7366
New Jersey
NJ
Bellmawr School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Bellmawr Borough NJ
Property Tax
(not specified)
(not specified)
$168,022
$0
$168,022
(none)
7367
New Jersey
NJ
Bernards Township School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Bernards Twnsp NJ
Property Tax
(not specified)
(not specified)
$196,032
$0
$196,032
(none)
7368
New Jersey
NJ
Bound Brook School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Bound Brook Borough NJ
Property Tax
(not specified)
(not specified)
$619,998
$0
$619,998
(none)
7369
New Jersey
NJ
Bridgeton City School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Bridgeton NJ
Property Tax
(not specified)
(not specified)
$382,215
$0
$382,215
(none)
7370
New Jersey
NJ
Burlington City School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Burlington NJ
Property Tax
(not specified)
(not specified)
$27,050
$0
$27,050
(none)
7371
New Jersey
NJ
Burlington Township Board of Education
School District
2017
Tax Abatement
General Economic Development
(not specified)
Burlington NJ
Property Tax
(not specified)
(not specified)
$1,272,786
$0
$1,272,786
(none)
7372
New Jersey
NJ
Caldwell-West Caldwell School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Caldwell NJ
Property Tax
(not specified)
(not specified)
$254,341
$0
$254,341
(none)
7373
New Jersey
NJ
Cinnaminson Township School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Cinnaminson Twnshp NJ
Property Tax
(not specified)
(not specified)
$256,504
$0
$256,504
(none)
7374
New Jersey
NJ
Collingswood School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Collingswood NJ
Property Tax
(not specified)
(not specified)
$2,132,688
$0
$2,132,688
(none)
7375
New Jersey
NJ
East Brunswick School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
East Brunswick NJ
Property Tax
(not specified)
(not specified)
$473,598
$0
$473,598
(none)
7376
New Jersey
NJ
East Windsor Regional School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
East Windsor Twnsp NJ
Property Tax
(not specified)
(not specified)
$357,301
$0
$357,301
(none)
7377
New Jersey
NJ
Edgewater Park Township School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Edgewater Pk Twnshp NJ
Property Tax
(not specified)
(not specified)
$725,070
$0
$725,070
(none)
7378
New Jersey
NJ
Edison School District
School District
2017
Tax Abatement
General Economic Development
N.J.S.A. 54:4-75 and N.J.S.A. 54:4-76
Edison Twnshp NJ
Property Tax
Tax Abatement
(not specified)
$372,600
$0
$372,600
(none)
7379
New Jersey
NJ
Elizabeth School District
School District
2017
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
City of Elizabeth
Property Tax
(not specified)
(not specified)
$5,270,783
$0
$5,270,783
(none)
7380
New Jersey
NJ
Freehold Borough School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Freehold Borough NJ
Property Tax
(not specified)
(not specified)
$577,896
$0
$577,896
(none)
7381
New Jersey
NJ
Glassboro School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Glassboro Borough NJ
Property Tax
(not specified)
(not specified)
$3,168,741
$0
$3,168,741
(none)
7382
New Jersey
NJ
Glassboro School District
School District
2017
5-Yr Exemption and Abatement
General Economic Development
(not specified)
Glassboro Borough NJ
Property Tax
(not specified)
(not specified)
$1,899,396
$0
$1,899,396
(none)
7383
New Jersey
NJ
Gloucester Township School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Gloucester Twnshp NJ
Property Tax
(not specified)
(not specified)
$1,013,166
$0
$1,013,166
(none)
7384
New Jersey
NJ
Hackettstown School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Hackettstown NJ
Property Tax
(not specified)
(not specified)
$97,916
$0
$97,916
(none)
7385
New Jersey
NJ
Haddon Township School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Haddon Twnshp NJ
Property Tax
(not specified)
(not specified)
$285,135
$0
$285,135
(none)
7386
New Jersey
NJ
Hamilton Township School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Hamilton Twnshp NJ
Property Tax
(not specified)
(not specified)
$59,458
$0
$59,458
(none)
7387
New Jersey
NJ
Highland Park Borough School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Highland Park Borough NJ
Property Tax
(not specified)
(not specified)
$738,443
$0
$738,443
(none)
7388
New Jersey
NJ
Hudson County
County
2017
Various agreements
General Economic Development
(not specified)
Jersey City, NJ
Property Tax
(not specified)
(not specified)
$53,273,047
$0
$53,273,047
Passive loss reported by the City of New Jersey, County has no disclosures in CAFR
https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server_6189660/File/City%20Hall/City%20Clerk/Public%20Notices/Audits/COJC.2017.Audit(Released_11052018)-signed.pdf
7389
New Jersey
NJ
Jackson Township School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Jackson Twnshp NJ
Property Tax
(not specified)
(not specified)
$178,837
$0
$178,837
(none)
7390
New Jersey
NJ
Jersey City
Municipality
2017
Various Tax Abatement Agreements
Urban Renewal
Long Term Tax Exemption Law, N.J.S.A. 40A:20-1 et seq.
Jersey City, NJ
Property Tax
Tax Abatement
(not specified)
$106,046,754
$144,360,683
$0
Reported in Jersey City CAFR. The city claims that it did not lose any revenue because it raised taxes to cover the abated amounts.
https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server_6189660/File/City%20Hall/City%20Clerk/Public%20Notices/Audits/COJC.2017.Audit(Released_11052018)-signed.pdf
7391
New Jersey
NJ
Jersey City Public SchoolsÂ
School District
2017
Various agreements
General Economic Development
(not specified)
Jersey City, NJ
Property Tax
(not specified)
(not specified)
$51,950,931
$0
$51,950,931
(none)
https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server_6189660/File/City%20Hall/City%20Clerk/Public%20Notices/Audits/COJC.2017.Audit(Released_11052018)-signed.pdf
7392
New Jersey
NJ
Long Branch School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Long Branch NJ
Property Tax
(not specified)
(not specified)
$1,789,728
$0
$1,789,728
(none)
7393
New Jersey
NJ
Lower Cape May Regional School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Lower NJ
Property Tax
(not specified)
(not specified)
$102,443
$0
$102,443
(none)
7394
New Jersey
NJ
Madison Borough School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Madison Borough NJ
Property Tax
(not specified)
(not specified)
$42,459
$0
$42,459
(none)
7395
New Jersey
NJ
Maple Shade School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Maple Shade NJ
Property Tax
(not specified)
(not specified)
$479,541
$0
$479,541
(none)
7396
New Jersey
NJ
Matawan-Aberdeen School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Matawan Borough & Aberdeen Twnshp NJ
Property Tax
(not specified)
(not specified)
$652,599
$0
$652,599
(none)
7397
New Jersey
NJ
Monroe Township School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Monroe Twnshp NJ
Property Tax
(not specified)
(not specified)
$182,675
$0
$182,675
(none)
7398
New Jersey
NJ
Montclair Township School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Montclair Twnshp NJ
Property Tax
(not specified)
(not specified)
$2,035,695
$0
$2,035,695
(none)
7399
New Jersey
NJ
Morris Hills Regional School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Wharton Borough NJ
Property Tax
(not specified)
(not specified)
$216,006
$0
$216,006
(none)
7400
New Jersey
NJ
Morris Hills Regional School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Rockaway Twnshp NJ
Property Tax
(not specified)
(not specified)
$57,632
$0
$57,632
(none)
7401
New Jersey
NJ
Mount Laurel Township School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Mount Laurel NJ
Property Tax
(not specified)
(not specified)
$157,713
$0
$157,713
(none)
7402
New Jersey
NJ
Mt Olive Township School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Mt Olive Twnshp NJ
Property Tax
(not specified)
(not specified)
$367,419
$0
$367,419
(none)
7403
New Jersey
NJ
Neptune Township School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Neptune Twnshp NJ
Property Tax
(not specified)
(not specified)
$169,721
$0
$169,721
(none)
7404
New Jersey
NJ
New Jersey
State
2017
Angel Investor Tax Credit Program
General Economic Development
(not specified)
State of New Jersey
Income Tax
(not specified)
(not specified)
$9,739,000
$0
$9,739,000
New Jersey does not disclose any subsidy program that issues less than $5 million in Tax Credits.
https://www.nj.gov/treasury/omb/fr.shtml
7405
New Jersey
NJ
New Jersey
State
2017
Business Retention and Relocation Assistance Grant Program (BRRAG)
General Economic Development
(not specified)
State of New Jersey
Corporate Business Tax
(not specified)
(not specified)
$14,766,000
$0
$14,766,000
New Jersey does not disclose any subsidy program that issues less than $5 million in Tax Credits.
https://www.nj.gov/treasury/omb/fr.shtml
7406
New Jersey
NJ
New Jersey
State
2017
Economic Redevelopment and Growth (ERG) Program
General Economic Development
(not specified)
State of New Jersey
Corp Business/Insurance Premium/Gross Income Tax
(not specified)
(not specified)
$8,057,000
$0
$8,057,000
New Jersey does not disclose any subsidy program that issues less than $5 million in Tax Credits.
https://www.nj.gov/treasury/omb/fr.shtml
7407
New Jersey
NJ
New Jersey
State
2017
Grow New Jersey Assistance Program (GROW NJ)
General Economic Development
(not specified)
State of New Jersey
Corp Business/Insurance Premium Tax
(not specified)
(not specified)
$54,451,000
$0
$54,451,000
New Jersey does not disclose any subsidy program that issues less than $5 million in Tax Credits.
https://www.nj.gov/treasury/omb/fr.shtml
7408
New Jersey
NJ
New Jersey
State
2017
Technology Business Tax Certificate Transfer (NOL) Program
General Economic Development
(not specified)
State of New Jersey
Corporate Business Tax
(not specified)
(not specified)
$35,221,000
$0
$35,221,000
New Jersey does not disclose any subsidy program that issues less than $5 million in Tax Credits.
https://www.nj.gov/treasury/omb/fr.shtml
7409
New Jersey
NJ
New Jersey
State
2017
Urban Transit Hub Tax Credit Program (HUB)
General Economic Development
(not specified)
State of New Jersey
Corp Business/Insurance Premium/Gross Income Tax
(not specified)
(not specified)
$86,925,000
$0
$86,925,000
New Jersey does not disclose any subsidy program that issues less than $5 million in Tax Credits.
https://www.nj.gov/treasury/omb/fr.shtml
7410
New Jersey
NJ
Newton School District
School District
2017
PILOTs
General Economic Development
(not specified)
Newton Township, NJ
Property Tax
(not specified)
(not specified)
$1,396,834
$0
$1,396,834
(none)
7411
New Jersey
NJ
North Brunswick Township School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
North Brunswick Twnsp NJ
Property Tax
(not specified)
(not specified)
$2,164,714
$0
$2,164,714
(none)
7412
New Jersey
NJ
Rancocas Valley Regional High School
School District
2017
Tax Abatement
General Economic Development
(not specified)
Various Govts
Property Tax
(not specified)
(not specified)
$15,856
$0
$15,856
(none)
7413
New Jersey
NJ
Salem School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Salem NJ
Property Tax
(not specified)
(not specified)
$36,280
$0
$36,280
(none)
7414
New Jersey
NJ
Scotch Pines-Fanwood Regional School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Scotch Pines Twnshp NJ
Property Tax
(not specified)
(not specified)
$520,089
$0
$520,089
(none)
7415
New Jersey
NJ
Scotch Pines-Fanwood Regional School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Fanwood Borough NJ
Property Tax
(not specified)
(not specified)
$231,554
$0
$231,554
(none)
7416
New Jersey
NJ
South Orange-Maplewood School District
School District
2017
PILOT
General Economic Development
(not specified)
Maplewood Twnshp NJ
Property Tax
(not specified)
(not specified)
$3,244,056
$0
$3,244,056
(none)
7417
New Jersey
NJ
South River Borough School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
South River Borough NJ
Property Tax
(not specified)
(not specified)
$233,356
$0
$233,356
(none)
7418
New Jersey
NJ
Sparta Township School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Sparta Twnshp NJ
Property Tax
(not specified)
(not specified)
$331,800
$0
$331,800
(none)
7419
New Jersey
NJ
Toms River Regional School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Toms River Twnshp NJ
Property Tax
(not specified)
(not specified)
$564,563
$0
$564,563
(none)
7420
New Jersey
NJ
Toms River Township
Municipality
2017
NJ Housing and Mortgage Fin Act
Housing
New Jersey Housing and Mortgage Financing Act Law of 1983, N.J.S.A. 55:14K-1
Toms River Township
Property Tax
Tax Abatement
(not specified)
$571,170
$0
$571,170
(none)
https://tomsrivertownship.com/178/Finance
7421
New Jersey
NJ
Trenton School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Trenton NJ
Property Tax
(not specified)
(not specified)
$866,407
$0
$866,407
(none)
7422
New Jersey
NJ
Washington Township School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Washington Twnshp NJ
Property Tax
(not specified)
(not specified)
$757,827
$0
$757,827
(none)
7423
New Jersey
NJ
Wayne Township School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Wayne Twnshp NJ
Property Tax
(not specified)
(not specified)
$1,298,403
$0
$1,298,403
(none)
7424
New Jersey
NJ
West Windsor-Plainsboro School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
West Windsor Twnshp NJ
Property Tax
(not specified)
(not specified)
$225,924
$0
$225,924
(none)
7425
New Jersey
NJ
Willingboro Township School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Willingboro NJ
Property Tax
(not specified)
(not specified)
$178,782
$0
$178,782
(none)
7426
New Jersey
NJ
Winslow Township School District
School District
2017
Tax Abatement
General Economic Development
(not specified)
Winslow Twnshp NJ
Property Tax
(not specified)
(not specified)
$1,242,945
$0
$1,242,945
(none)
7427
New Jersey
NJ
Edison School District
School District
2018
Tax Abatement
General Economic Development
N.J.S.A. 54:4-75 and N.J.S.A. 54:4-76
Edison Twnshp NJ
Property Tax
Tax Abatement
(not specified)
$440,003
$0
$440,003
(none)
7428
New Jersey
NJ
Elizabeth School District
School District
2018
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
City of Elizabeth
Property Tax
(not specified)
(not specified)
$5,711,883
$0
$5,711,883
(none)
7429
New Jersey
NJ
Hudson County
County
2018
Various agreements
General Economic Development
(not specified)
Jersey City, NJ
Property Tax
(not specified)
(not specified)
$51,148,721
$0
$51,148,721
Passive loss reported by the City of New Jersey, County has no disclosures in CAFR
https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server_6189660/File/City%20Hall/City%20Clerk/Public%20Notices/Audits/18%20COJC.AUDIT(Release_02042020).pdf
7430
New Jersey
NJ
Jersey City
Municipality
2018
Various Tax Abatement Agreements
Urban Renewal
Long Term Tax Exemption Law, N.J.S.A. 40A:20-1 et seq.
Jersey City, NJ
Property Tax
Tax Abatement
(not specified)
$102,610,573
$141,592,481
$0
Reported in Jersey City CAFR. The city claims that it did not lose any revenue because it raised taxes to cover the abated amounts.
https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server_6189660/File/City%20Hall/City%20Clerk/Public%20Notices/Audits/18%20COJC.AUDIT(Release_02042020).pdf
7431
New Jersey
NJ
Jersey City Public SchoolsÂ
School District
2018
Various Tax Abatement Agreements
Urban Renewal
Long Term Tax Exemption Law, N.J.S.A. 40A:20-1 et seq.
Jersey City, NJ
Property Tax
Tax Abatement
(not specified)
$47,466,589
$0
$47,466,589
Reported in Jersey City CAFR
https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server_6189660/File/City%20Hall/City%20Clerk/Public%20Notices/Audits/18%20COJC.AUDIT(Release_02042020).pdf
7432
New Jersey
NJ
Middlesex County
County
2018
Various PILOT Agreements
General Economic Development
New Jersey State Statutes. N.J.S.A. 40A:20-l
Various govts w/I county
local, school, county, fire district taxes
(not specified)
(not specified)
$3,134,767
$0
$3,134,767
(none)
https://www.middlesexcountynj.gov/government/departments/department-of-business-innovation-education-and-opportunity/middlesex-county-improvement-authority/about-mcia/authority-annual-reports
7433
New Jersey
NJ
New Jersey
State
2018
Angel Investor Tax Credit Program
Technology (various)
P.L.2013, c. 14
State of New Jersey
(not specified)
Tax Credit
the New Jersey Economic Development Authority is authorized to issue a recapture assessment of all or a portion of Tax Credits, which shall be based upon the proportionate value of the grant of Tax Credits that corresponds to the amount and period of noncompliance.
$12,399,000
$0
$12,399,000
(none)
https://www.nj.gov/treasury/omb/fr.shtml
7434
New Jersey
NJ
New Jersey
State
2018
Business Employment Incentive Program
Job Creation/Retention
P.L. 1996, c.26
State of New Jersey
Corporate Business Tax; Insurance Premium Tax; Cash incentive
Tax Credit; cash reimbursement
the New Jersey Economic Development Authority is authorized to issue a recapture assessment of all or a portion of Tax Credits, which shall be based upon the proportionate value of the grant of Tax Credits that corresponds to the amount and period of noncompliance.
$8,412,000
$0
$8,412,000
(none)
https://www.nj.gov/treasury/omb/fr.shtml
7435
New Jersey
NJ
New Jersey
State
2018
Business Retention and Relocation Assistance Grant Program (BRRAG)
Business attraction/retention/expansion
N.J.S.A. 34:1B-114
State of New Jersey
(not specified)
Tax Credit
the New Jersey Economic Development Authority is authorized to issue a recapture assessment of all or a portion of Tax Credits, which shall be based upon the proportionate value of the grant of Tax Credits that corresponds to the amount and period of noncompliance.
$13,057,000
$0
$13,057,000
(none)
https://www.nj.gov/treasury/omb/fr.shtml
7436
New Jersey
NJ
New Jersey
State
2018
Economic Redevelopment and Growth (ERG) Program
Debt service
P.L. 2013, c. 161; P.L. 2014, c.63
State of New Jersey
Business Tax; Insurance Premium Tax; Gross Income Tax
Tax Credit; cash reimbursement
the New Jersey Economic Development Authority is authorized to issue a recapture assessment of all or a portion of Tax Credits, which shall be based upon the proportionate value of the grant of Tax Credits that corresponds to the amount and period of noncompliance.
$22,457,000
$0
$22,457,000
(none)
https://www.nj.gov/treasury/omb/fr.shtml
7437
New Jersey
NJ
New Jersey
State
2018
Grow New Jersey Assistance Program (GROW NJ)
Job Creation/Retention
P.L. 2013, c.161
State of New Jersey
Business Tax; Insurance Premium Tax
Tax Credit
the New Jersey Economic Development Authority is authorized to issue a recapture assessment of all or a portion of Tax Credits, which shall be based upon the proportionate value of the grant of Tax Credits that corresponds to the amount and period of noncompliance.
$131,682,000
$0
$131,682,000
(none)
https://www.nj.gov/treasury/omb/fr.shtml
7438
New Jersey
NJ
New Jersey
State
2018
Public Infrastructure Projects
Infrastructural development
N.J.S.A. 34:1B-251
State of New Jersey
Corporate Business Tax; Realty Transfer Fee
Tax Credit
the New Jersey Economic Development Authority is authorized to issue a recapture assessment of all or a portion of Tax Credits, which shall be based upon the proportionate value of the grant of Tax Credits that corresponds to the amount and period of noncompliance.
$15,000,000
$0
$15,000,000
(none)
https://www.nj.gov/treasury/omb/fr.shtml
7439
New Jersey
NJ
New Jersey
State
2018
Technology Business Tax Certificate Transfer (NOL) Program
Small business development
N.J.S.A. 34:1B-7.42a
State of New Jersey
Income Tax
Tax Credit
the New Jersey Economic Development Authority is authorized to issue a recapture assessment of all or a portion of Tax Credits, which shall be based upon the proportionate value of the grant of Tax Credits that corresponds to the amount and period of noncompliance.
$45,041,000
$0
$45,041,000
(none)
https://www.nj.gov/treasury/omb/fr.shtml
7440
New Jersey
NJ
New Jersey
State
2018
Urban Transit Hub Tax Credit Program (HUB)
Transportation
P.L. 2017, c.346
State of New Jersey
Business Tax; Insurance Premium Tax; Gross Income Tax
Tax Credit
the New Jersey Economic Development Authority is authorized to issue a recapture assessment of all or a portion of Tax Credits, which shall be based upon the proportionate value of the grant of Tax Credits that corresponds to the amount and period of noncompliance.
$110,692,000
$0
$110,692,000
(none)
https://www.nj.gov/treasury/omb/fr.shtml
7441
New Jersey
NJ
Toms River Township
Municipality
2018
NJ Housing and Mortgage Fin Act
Housing
New Jersey Housing and Mortgage Financing Act Law of 1983, N.J.S.A. 55:14K-1
Toms River Township
Property Tax
Tax Abatement
(not specified)
$475,173
$0
$475,173
(none)
https://tomsrivertownship.com/178/Finance
7442
New Jersey
NJ
Barrington School District
School District
2019
Long Term Tax Exemptions
Affordable Housing
N.J.S.A. 40A:20-1 et seq.
Borough of Barrington
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$959,164
$91,968
$867,196
(none)
7443
New Jersey
NJ
Bayonne School District
School District
2019
Long Term Tax Exemptions
General Economic Development
(not specified)
City of Bayonne
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$16,091,790
$5,120,500
$10,971,290
Only a portion of the reported number is allocated to the school district
7444
New Jersey
NJ
Bellmawr School District
School District
2019
(not specified)
General Economic Development
(not specified)
Borough of Bellmawr
Property Tax
(not specified)
(not specified)
$177,411
$0
$177,411
(none)
7445
New Jersey
NJ
Bergenfield Borough School District
School District
2019
Long Term Tax Exemption (LTTE); New Jersey Housing and Mortgage Financing (NJHMFA)
Affordable Housing
Long Term Tax Exempt Law (NJSA 40A:20 et. seq.); Senior Citizens Nonprofit Rental Housing Tax Law (NJSA 55:141-1)
Borough of Bergenfield
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$248,670
$0
$248,670
(none)
7446
New Jersey
NJ
Berlin Borough School District
School District
2019
(not specified)
Affordable Housing
N.J.S.A. 40A:20-1 et seq.
Borough of Berlin
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$91,690
$27,561
$64,129
(none)
7447
New Jersey
NJ
Berlin Township School District
School District
2019
(not specified)
General Economic Development
(not specified)
Township of Berlin
Property Tax
(not specified)
(not specified)
$86,172
$0
$86,172
(none)
7448
New Jersey
NJ
Bernards Township School District
School District
2019
(not specified)
Affordable Housing
(not specified)
Township of Bernards
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$478,527
$366,443
$112,084
Only a portion of the reported number is allocated to the school district
7449
New Jersey
NJ
Bound Brook School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
(not specified)
Borough of Bound Brook
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$704,982
$0
$704,982
(none)
7450
New Jersey
NJ
Bridgeton City School District
School District
2019
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
City of Bridgeton
Property Tax
(not specified)
(not specified)
$282,129
$0
$282,129
(none)
7451
New Jersey
NJ
Burlington City School District
School District
2019
Long Term Tax Exemptions
Affordable Housing
N.J.S.A. 40A:20-1 et seq.
City of Burlington
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$30,389
$0
$30,389
(none)
7452
New Jersey
NJ
Burlington Township Board Of Education
School District
2019
Long Term Tax Exemptions
Affordable Housing
N.J.S.A. 40A:20-1 et seq.
Township of Burlington
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$657,187
$222,020
$435,167
(none)
7453
New Jersey
NJ
Caldwell-West Caldwell School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
(not specified)
Borough of Caldwell
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$255,640
$0
$255,640
(none)
7454
New Jersey
NJ
Chester School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
(not specified)
Borough of Chester
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$24,765
$0
$24,765
(none)
7455
New Jersey
NJ
Cinnaminson Township School District
School District
2019
Long Term Tax Exemptions
Affordable Housing
N.J.S.A. 40A:20-1 et seq.
Township of Cinnaminson
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$748,019
$0
$748,019
Only a portion of the reported number is allocated to the school district
7456
New Jersey
NJ
City of Elizabeth
Municipality
2019
PILOT Agreements
Affordable Housing
(not specified)
Elizabeth, New Jersey
Property Tax
Tax Abatement
(not specified)
$29,030,351
$13,821,875
$15,208,476
(none)
7457
New Jersey
NJ
Clifton School District
School District
2019
Long Term Tax Exemptions; Senior Citizen Nonprofit Rental Housing
Affordable Housing
Long Term Tax Exemption Law (NJSA 40A:20 et.seq.); Senior Citizens Nonprofit Rental Housing Tax Law (NJSA 55:141-1)
City of Clifton
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$1,776,318
$0
$1,776,318
Gross/net revenue losses are the sum of abated taxes from both programs.
7458
New Jersey
NJ
Closter School District
School District
2019
Housing and Mortgage Financing
Affordable Housing
New Jersey Housing and Mortgage Financing Act (NJSA 55:14K et. seq.)
Borough of Closter
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$69,001
$0
$69,001
(none)
7459
New Jersey
NJ
Collingswood School District
School District
2019
Long Term Tax Exemptions
Affordable Housing
N.J.S.A. 40A:20-1 et seq.
Borough of Collingswood
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$1,459,932
$0
$1,459,932
(none)
7460
New Jersey
NJ
Cranford School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
(not specified)
Township of Cranford
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
The 2019 User Friendly Budget for the Township of Cranford did not recognize any revenue from annual service charges in lieu of payment of taxes from the District in 2019.
7461
New Jersey
NJ
Delanco Township School District
School District
2019
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
Township of Delanco
Property Tax
(not specified)
(not specified)
$296,485
$0
$296,485
(none)
7462
New Jersey
NJ
Dover School District
School District
2019
Senior Citizens Nonprofit Rental Housing
Affordable Housing
Senior Citizens Nonprofit Rental Housing Tax Law (N.J.S.A. 55:141-5)
Town of Dover
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$98,002
$0
$98,002
(none)
7463
New Jersey
NJ
East Brunswick Township School District
School District
2019
Long Term Tax Exemptions
Affordable Housing
N.J.S.A. 40A:20-1 et seq.
Township of East Brunswick
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$862,908
$0
$862,908
(none)
7464
New Jersey
NJ
Edgewater Park Township School District
School District
2019
Five-Year Exemption and Abatement
Construction/rehabilitation
New Jersey Five-Year Exemption and Abatement Law, N.J.S.A 40A:21 (the "Law")
Township of Edgewater Park
Property Tax
Tax Exemption
(not specified)
$740,078
$0
$740,078
(none)
7465
New Jersey
NJ
Edison School District
School District
2019
Tax Abatement
General Economic Development
N.J.S.A. 54:4-75 and N.J.S.A. 54:4-76
Edison Twnshp NJ
Property Tax
Tax Abatement
(not specified)
$440,003
$0
$440,003
(none)
7466
New Jersey
NJ
Elizabeth School District
School District
2019
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
City of Elizabeth
Property Tax
(not specified)
(not specified)
$5,703,270
$0
$5,703,270
(none)
7467
New Jersey
NJ
Fort Lee School District
School District
2019
(not specified)
General Economic Development
(not specified)
Borough of Fort Lee
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$471,000
CAFR fails to report the abated amounts
7468
New Jersey
NJ
Freehold Borough School District
School District
2019
Long Term Tax Exemptions
Affordable Housing
N.J.S.A. 40A:20-1 et seq.
Borough of Freehold
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$1,056,480
$0
$1,056,480
(none)
7469
New Jersey
NJ
Freehold Regional High School District
School District
2019
(not specified)
General Economic Development
(not specified)
(not specified)
Property Tax
(not specified)
(not specified)
$621,857
$0
$621,857
(none)
7470
New Jersey
NJ
Gateway Regional School District
School District
2019
Five-Year Exemption and Abatement
Property improvements
NJSA 40A:21-1 et seq
Borough of Westville
Property Tax
Tax Exemption
(not specified)
$3,976
$0
$3,976
(none)
7471
New Jersey
NJ
Glassboro School District
School District
2019
Local Redevelopment and Housing; Long Term Tax Exemption
Construction/rehabilitation
The Local Redevelopment and Housing Law, NJSA 40A:12A-1 et seq.; Long Term Tax Exemption Law, NJSA 40A:20 et seq.
Borough of Glassboro
Property Tax
Not specified; Tax Exemption
(not specified)
$8,731,185
$2,557,201
$6,173,984
(none)
7472
New Jersey
NJ
Glassboro School District
School District
2019
Five-Year Exemption and Abatement
Property improvements
The Five-Year Exemption and Abatement Law, NJSA 40A:21-1 et seq.
Borough of Glassboro
Property Tax
(not specified)
(not specified)
$1,756,199
$0
$1,756,199
(none)
7473
New Jersey
NJ
Gloucester Township School District
School District
2019
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
Township of Gloucester
Property Tax
(not specified)
(not specified)
$924,369
$0
$924,369
(none)
7474
New Jersey
NJ
Hackettstown School District
School District
2019
(not specified)
Affordable Housing
(not specified)
Town of Hackettstown
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$103,031
$0
$103,031
(none)
7475
New Jersey
NJ
Haddon Heights School District
School District
2019
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
Borough of Haddon Heights
Property Tax
(not specified)
(not specified)
$218,717
$0
$218,717
(none)
7476
New Jersey
NJ
Hamilton Township School District
School District
2019
(not specified)
General Economic Development
(not specified)
Hamilton Township
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$441,347
$416,577
$24,770
(none)
7477
New Jersey
NJ
Hanover Park Regional High School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
(not specified)
Borough of Florham Park
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$201,440
$0
$201,440
(none)
7478
New Jersey
NJ
Harrison Township School District
School District
2019
Long Term Tax Exemptions
Affordable Housing
N.J.S.A. 40A:20-1 et seq.
Township of Harrison
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$465,128
$0
$465,128
(none)
7479
New Jersey
NJ
Hillsdale School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
(not specified)
Borough of Hillsdale
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$138,762
$0
$138,762
(none)
7480
New Jersey
NJ
Hopewell Valley Regional School District
School District
2019
Long Term Tax Exemptions
Affordable Housing
N.J.S.A. 40A:20-1 et seq.
Hopewell Township
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$685,900
$99,387
$586,513
Only a portion of the reported number is allocated to the school district
7481
New Jersey
NJ
Hudson County
County
2019
Various agreements
General Economic Development
(not specified)
Jersey City, NJ
Property Tax
(not specified)
(not specified)
$49,223,183
$0
$49,223,183
Passive loss reported by the City of New Jersey, County has no disclosures in CAFR
https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server_6189660/File/City%20Hall/City%20Clerk/Public%20Notices/Audits/19%20COJC%20AUDIT%20(released%2012152020).pdf
7482
New Jersey
NJ
Irvington School District District
School District
2019
Long Term Tax Exemptions
General Economic Development
N.J.S.A. 40A:20-1 et seq.
Irvington Township
Property Tax
Tax Exemption
(not specified)
$244,325
$0
$244,325
Only a portion of the reported number is allocated to the school district
7483
New Jersey
NJ
Jackson Township School District
School District
2019
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
Jackson Township
Property Tax
(not specified)
(not specified)
$184,378
$0
$184,378
(none)
7484
New Jersey
NJ
Jersey City
Municipality
2019
Various Tax Abatement Agreements
Urban Renewal
Long Term Tax Exemption Law, N.J.S.A. 40A:20-1 et seq.
Jersey City, NJ
Property Tax
Tax Abatement
(not specified)
$96,086,287
$127,317,215
$0
Reported in Jersey City CAFR. The city claims that it did not lose any revenue because it raised taxes to cover the abated amounts.
https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server_6189660/File/City%20Hall/City%20Clerk/Public%20Notices/Audits/19%20COJC%20AUDIT%20(released%2012152020).pdf
7485
New Jersey
NJ
Jersey City Public SchoolsÂ
School District
2019
Various Tax Abatement Agreements
Urban Renewal
Long Term Tax Exemption Law, N.J.S.A. 40A:20-1 et seq.
Jersey City, NJ
Property Tax
Tax Abatement
(not specified)
$45,952,567
$0
$45,952,567
Reported in Jersey City CAFR
https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server_6189660/File/City%20Hall/City%20Clerk/Public%20Notices/Audits/19%20COJC%20AUDIT%20(released%2012152020).pdf
7486
New Jersey
NJ
Leonia School District
School District
2019
Long Term Tax Exemptions
Construction/rehabilitation
Long Term Tax Exemption Law (NJSA 40A:20-1 et seq.)
Borough of Leonia
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$197,592
$0
$197,592
(none)
7487
New Jersey
NJ
Livingston Board Of Education
School District
2019
(not specified)
General Economic Development
(not specified)
Township of Livingston
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$900,751
$67,727
$833,024
Only a portion of the reported number is allocated to the school district
7488
New Jersey
NJ
Long Branch School District
School District
2019
Long Term Tax Exemptions
Affordable Housing
N.J.S.A. 40A:20-1 et seq.
City of Long Branch
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$548,902
$0
$548,902
(none)
7489
New Jersey
NJ
Lopatcong Township School District
School District
2019
Various Property Tax Abatement Agreements
Affordable Housing
(not specified)
Township of Lopatcong
Property Tax
(not specified)
(not specified)
$103,121
$0
$103,121
Only a portion of the reported number is allocated to the school district
7490
New Jersey
NJ
Lower Cape May Regional School District
School District
2019
Long Term Tax Exemptions
Affordable Housing
N.J.S.A. 40A:20-1 et seq.
Township of Lower
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$118,355
$0
$118,355
(none)
7491
New Jersey
NJ
Lower Township Elementary School District
School District
2019
Long Term Tax Exemptions
Affordable Housing
N.J.S.A. 40A:20-1 et seq.
Township of Lower
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$118,355
$0
$118,355
(none)
7492
New Jersey
NJ
Madison School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
(not specified)
Borough of Madison
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$688,177
$0
$688,177
(none)
7493
New Jersey
NJ
Magnolia School District
School District
2019
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
Borough of Magnolia
Property Tax
(not specified)
(not specified)
$161,013
$0
$161,013
(none)
7494
New Jersey
NJ
Maple Shade School District
School District
2019
Long Term Tax Exemptions
Affordable Housing
N.J.S.A. 40A:20-1 et seq.
Township of Maple Shade
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$351,368
$0
$351,368
(none)
7495
New Jersey
NJ
Matawan-Aberdeen Regional School District
School District
2019
(not specified)
General Economic Development
(not specified)
Matawan Borough; Aberdeen Township
Property Tax
(not specified)
(not specified)
$2,136,552
$0
$2,136,552
(none)
7496
New Jersey
NJ
Merchantville School District
School District
2019
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
Borough of Merchantville
Property Tax
(not specified)
(not specified)
$34,383
$0
$34,383
(none)
7497
New Jersey
NJ
Middlesex County
County
2019
Various PILOT Agreements
General Economic Development
New Jersey State Statutes. N.J.S.A. 40A:20-l
Various govts w/I county
local, school, county, fire district taxes
(not specified)
(not specified)
$3,134,767
$0
$3,134,767
(none)
https://www.middlesexcountynj.gov/government/departments/department-of-business-innovation-education-and-opportunity/middlesex-county-improvement-authority/about-mcia/authority-annual-reports
7498
New Jersey
NJ
Monroe Township School District
School District
2019
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
Township of Monroe
Property Tax
(not specified)
(not specified)
$195,029
$0
$195,029
(none)
7499
New Jersey
NJ
Montclair School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
(not specified)
Township of Montclair
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$2,795,834
$0
$2,795,834
(none)
7500
New Jersey
NJ
Morris Hills Regional School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
(not specified)
Borough of Wharton
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$242,067
$0
$242,067
(none)
7501
New Jersey
NJ
Morris Hills Regional School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
(not specified)
Township of Rockaway
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$70,285
$0
$70,285
(none)
7502
New Jersey
NJ
Mount Arlington School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
(not specified)
Borough of Mount Arlington
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$156,135
$150,000
$6,135
During 2019, the School District received $150,000 from the Borough from the PILOT revenue recognized.
7503
New Jersey
NJ
Mount Laurel Township School District
School District
2019
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
Township of Mount Laurel
Property Tax
(not specified)
(not specified)
$201,679
$0
$201,679
(none)
7504
New Jersey
NJ
Neptune Township School District
School District
2019
Long Term Tax Exemptions
Affordable Housing
N.J.S.A. 40A:20-1 et seq.
Township of Neptune
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$445,997
$247,194
$198,803
(none)
7505
New Jersey
NJ
New Jersey
State
2019
Angel Investor Tax Credit Program
Technology (various)
P.L.2013, c. 14
State of New Jersey
(not specified)
Tax Credit
the New Jersey Economic Development Authority is authorized to issue a recapture assessment of all or a portion of Tax Credits, which shall be based upon the proportionate value of the grant of Tax Credits that corresponds to the amount and period of noncompliance.
$7,700,000
$0
$7,700,000
(none)
https://www.nj.gov/treasury/omb/fr.shtml
7506
New Jersey
NJ
New Jersey
State
2019
Business Employment Incentive Program
Job Creation/Retention
P.L. 1996, c.26
State of New Jersey
Corporate Business Tax; Insurance Premium Tax; Cash incentive
Tax Credit; cash reimbursement
the New Jersey Economic Development Authority is authorized to issue a recapture assessment of all or a portion of Tax Credits, which shall be based upon the proportionate value of the grant of Tax Credits that corresponds to the amount and period of noncompliance.
$50,840,000
$0
$50,840,000
(none)
https://www.nj.gov/treasury/omb/fr.shtml
7507
New Jersey
NJ
New Jersey
State
2019
Economic Redevelopment and Growth (ERG) Program
Debt service
P.L. 2013, c. 161; P.L. 2014, c.63
State of New Jersey
Business Tax; Insurance Premium Tax; Gross Income Tax
Tax Credit; cash reimbursement
the New Jersey Economic Development Authority is authorized to issue a recapture assessment of all or a portion of Tax Credits, which shall be based upon the proportionate value of the grant of Tax Credits that corresponds to the amount and period of noncompliance.
$34,379,000
$0
$34,379,000
(none)
https://www.nj.gov/treasury/omb/fr.shtml
7508
New Jersey
NJ
New Jersey
State
2019
Grow New Jersey Assistance Program (GROW NJ)
Job Creation/Retention
P.L. 2013, c.161
State of New Jersey
Business Tax; Insurance Premium Tax
Tax Credit
the New Jersey Economic Development Authority is authorized to issue a recapture assessment of all or a portion of Tax Credits, which shall be based upon the proportionate value of the grant of Tax Credits that corresponds to the amount and period of noncompliance.
$119,445,000
$0
$119,445,000
(none)
https://www.nj.gov/treasury/omb/fr.shtml
7509
New Jersey
NJ
New Jersey
State
2019
Technology Business Tax Certificate Transfer (NOL) Program
Small business development
N.J.S.A. 34:1B-7.42a
State of New Jersey
Income Tax
Tax Credit
the New Jersey Economic Development Authority is authorized to issue a recapture assessment of all or a portion of Tax Credits, which shall be based upon the proportionate value of the grant of Tax Credits that corresponds to the amount and period of noncompliance.
$60,000,000
$0
$60,000,000
(none)
https://www.nj.gov/treasury/omb/fr.shtml
7510
New Jersey
NJ
New Jersey
State
2019
Urban Transit Hub Tax Credit Program (HUB)
Transportation
P.L. 2017, c.346
State of New Jersey
Business Tax; Insurance Premium Tax; Gross Income Tax
Tax Credit
the New Jersey Economic Development Authority is authorized to issue a recapture assessment of all or a portion of Tax Credits, which shall be based upon the proportionate value of the grant of Tax Credits that corresponds to the amount and period of noncompliance.
$35,972,000
$0
$35,972,000
(none)
https://www.nj.gov/treasury/omb/fr.shtml
7511
New Jersey
NJ
Newton School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
(not specified)
Town of Newton
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$1,663,826
$0
$1,663,826
(none)
7512
New Jersey
NJ
North Brunswick Township School District
School District
2019
Long Term Tax Exemptions
Affordable Housing
N.J.S.A. 40A:20-1 et seq.
Township of North Brunswick
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$1,348,200
CAFR fails to report the abated amounts, but states that "The tax due would be substantially higher and a portion of the abatement would have been allocated to the District."
7513
New Jersey
NJ
Park Ridge School District
School District
2019
New Jersey Housing Mortgage and Financing
Affordable Housing
New Jersey Housing and Mortgage Financing Act (NJSA 55:14K et. seq.)
Borough of Park Ridge
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$75,162
$0
$75,162
(none)
7514
New Jersey
NJ
Parsippany-Troy Hills Township School District
School District
2019
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
Parsippany Troy-Hills Township
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$726,179
$388,220
$337,959
Only a portion of the reported number is allocated to the school district
7515
New Jersey
NJ
Passaic City School District
School District
2019
Long Term Tax Exemptions
Construction/rehabilitation
The Long Term Tax Exemption Law (NJSA 40A:20 et. seq.)
City of Passaic
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$2,452,314
$0
$2,452,314
The District's share of abated taxes resulting from this has not been determined.
7516
New Jersey
NJ
Passaic City School District
School District
2019
Five-Year Exemption and Abatement
Construction/rehabilitation
The Five-Year Exemption and Abatement Law (NJSA 40:21 et.seq.)
City of Passaic
Property Tax
Payment In Lieu of Taxes (PILOT)
If during any tax year prior to the termination of the tax agreement, the property owner ceases to operate or disposes of the property, or fails to meet the conditions for qualifying, then the property tax which would have otherwise been payable for each year shall become due and payable from the property owner as if no exemption and abatement had been granted.
$185,819
$0
$185,819
The District's share of abated taxes resulting from this has not been determined.
7517
New Jersey
NJ
Pennsauken Township Board Of Education School District
School District
2019
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
Township of Pennsauken
Property Tax
(not specified)
(not specified)
$435,413
$0
$435,413
(none)
7518
New Jersey
NJ
Pequannock Township School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
(not specified)
Township of Pequannock
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$138,345
$0
$138,345
(none)
7519
New Jersey
NJ
Princeton School District
School District
2019
Long Term Tax Exemptions
Affordable Housing
N.J.S.A. 40A:20-1 et seq.
Borough of Princeton
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$5,916,867
$1,483,032
$4,433,835
CAFR does not state what portion of the abatement is allocated to the district.
7520
New Jersey
NJ
Salem City School District
School District
2019
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
City of Salem
Property Tax
(not specified)
(not specified)
$349,744
$0
$349,744
(none)
7521
New Jersey
NJ
Sayreville School District
School District
2019
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
Sayreville Borough
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$3,967,346
$0
$3,967,346
Only a portion of the reported number is allocated to the school district
7522
New Jersey
NJ
Scotch Plains-Fanwood School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
(not specified)
Township of Scotch Plains
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$544,462
$0
$544,462
(none)
7523
New Jersey
NJ
Scotch Plains-Fanwood School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
(not specified)
Borough of Fanwood
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$245,687
$0
$245,687
(none)
7524
New Jersey
NJ
Somerdale School District
School District
2019
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
Borough of Somerdale
Property Tax
(not specified)
(not specified)
$130,863
$0
$130,863
(none)
7525
New Jersey
NJ
South Orange-Maplewood School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
Affordable Housing
(not specified)
Orange Village Township
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$4,807,268
$2,310,801
$2,496,467
Only a portion of the reported number is allocated to the school district
7526
New Jersey
NJ
South Orange-Maplewood School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
Affordable Housing
(not specified)
Maplewood Township
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$1,120,977
$529,506
$591,471
Only a portion of the reported number is allocated to the school district
7527
New Jersey
NJ
South River School District
School District
2019
Long Term Tax Exemptions
Affordable Housing
N.J.S.A. 40A:20-1 et seq.
Borough of South River
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$327,621
$71,919
$255,702
(none)
7528
New Jersey
NJ
Sparta Township School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
(not specified)
Township of Sparta
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$281,029
$0
$281,029
(none)
7529
New Jersey
NJ
Spotswood School District
School District
2019
(not specified)
General Economic Development
(not specified)
Spotswood Borough; Helmetta Borough
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$364,281
$0
$364,281
Only a portion of the reported number is allocated to the school district
7530
New Jersey
NJ
Toms River Regional School District
School District
2019
Long Term Tax Exemptions
Affordable Housing
N.J.S.A. 40A:20-1 et seq.
Township of Toms River
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$941,633
$487,473
$454,160
(none)
7531
New Jersey
NJ
Toms River Township
Municipality
2019
NJ Housing and Mortgage Fin Act
Housing
New Jersey Housing and Mortgage Financing Act Law of 1983, N.J.S.A. 55:14K-1
Toms River Township
Property Tax
Tax Abatement
(not specified)
$773,173
$0
$773,173
(none)
https://tomsrivertownship.com/178/Finance
7532
New Jersey
NJ
Township Of Union School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
(not specified)
Township of Union
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$956,325
$0
$956,325
(none)
7533
New Jersey
NJ
Trenton School District
School District
2019
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
City of Trenton
Property Tax
(not specified)
(not specified)
$3,484,117
$0
$3,484,117
(none)
7534
New Jersey
NJ
Upper Deerfield Township School District
School District
2019
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
Upper Deerfield Township
Property Tax
(not specified)
(not specified)
$147,369
$0
$147,369
(none)
7535
New Jersey
NJ
Wall Township School District
School District
2019
Long Term Tax Exemptions
Construction/rehabilitation
The Long Term Tax Exemption Law (NJSA 40A:20 et. seq.)
Wall Township
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$211,200
$0
$211,200
(none)
7536
New Jersey
NJ
Wayne Township School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
(not specified)
Township of Wayne
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$1,344,356
$0
$1,344,356
(none)
7537
New Jersey
NJ
West Morris Regional High School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
(not specified)
Borough of Chester
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$13,785
$0
$13,785
(none)
7538
New Jersey
NJ
West Windsor-Plainsboro Regional School District
School District
2019
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
Plainsboro Township
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$357,526
$93,915
$263,611
Only a portion of the reported number is allocated to the school district
7539
New Jersey
NJ
West Windsor-Plainsboro Regional School District
School District
2019
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
West Windsor Township
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$1,834,782
$1,599,117
$235,665
Only a portion of the reported number is allocated to the school district
7540
New Jersey
NJ
Westampton Township School District
School District
2019
(not specified)
General Economic Development
(not specified)
Westampton Township
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$440,656
$0
$440,656
(none)
7541
New Jersey
NJ
Westville Boro School District
School District
2019
Five-Year Exemption and Abatement
Construction/rehabilitation
The Five-Year Exemption and Abatement Law (NJSA 40:21et.seq.)
Borough of Westville
Property Tax
Tax Exemption
(not specified)
$3,976
$0
$3,976
Only a portion of the reported number is allocated to the school district
7542
New Jersey
NJ
Wharton Borough School District
School District
2019
Long Term Tax Exemptions
Construction/rehabilitation
The Long Term Tax Exemption Law (N.J.S.A 40A:20-l et seq.); N.J.S.A. 40A:20-12b
Borough of Wharton
Property Tax
Payment In Lieu of Taxes (PILOT)
In the event that the redeveloper fails to make the required Annual Service Charge payment within the required period of time which would constitute a breach of the agreement, the Borough has the right as one of the allowable remedies to proceed against the redeveloper pursuant to the In-Rem Foreclosure Act.
$968,871
$578,485
$390,386
Only a portion of the reported number is allocated to the school district
7543
New Jersey
NJ
Willingboro School District
School District
2019
Long Term Tax Exemptions
Affordable Housing
N.J.S.A. 40A:20-1 et seq.
Township of Willingboro
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$1,116,770
$165,294
$951,476
(none)
7544
New Jersey
NJ
Winslow Township School District
School District
2019
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
Township of Winslow
Property Tax
(not specified)
(not specified)
$1,703,571
$0
$1,703,571
(none)
7545
New Jersey
NJ
City of Elizabeth
Municipality
2020
PILOT Agreements
Affordable Housing
(not specified)
Elizabeth, New Jersey
Property Tax
Tax Abatement
(not specified)
$29,796,191
$14,764,127
$15,032,064
(none)
7546
New Jersey
NJ
Edison School District
School District
2020
Tax Abatement
General Economic Development
N.J.S.A. 54:4-75 and N.J.S.A. 54:4-76
Edison Twnshp NJ
Property Tax
Tax Abatement
(not specified)
$440,003
$0
$440,003
(none)
7547
New Jersey
NJ
Elizabeth School District
School District
2020
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
City of Elizabeth
Property Tax
(not specified)
(not specified)
$6,653,292
$0
$6,653,292
(none)
7548
New Jersey
NJ
Hudson County
County
2020
Various agreements
General Economic Development
(not specified)
Jersey City, NJ
Property Tax
(not specified)
(not specified)
$55,153,579
$0
$55,153,579
Passive loss reported by the City of New Jersey, County has no disclosures in CAFR
https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server_6189660/File/CY2020%20Annual%20Audit.pdf
7549
New Jersey
NJ
Jersey City
Municipality
2020
Various Tax Abatement Agreements
Urban Renewal
Long Term Tax Exemption Law, N.J.S.A. 40A:20-1 et seq.
Jersey City, NJ
Property Tax
Tax Abatement
(not specified)
$102,297,292
$112,696,230
$0
Reported in Jersey City CAFR. The city claims that it did not lose any revenue because it raised taxes to cover the abated amounts.
https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server_6189660/File/CY2020%20Annual%20Audit.pdf
7550
New Jersey
NJ
Jersey City Public SchoolsÂ
School District
2020
Various Tax Abatement Agreements
Urban Renewal
Long Term Tax Exemption Law, N.J.S.A. 40A:20-1 et seq.
Jersey City, NJ
Property Tax
Tax Abatement
(not specified)
$57,194,262
$0
$57,194,262
Reported in Jersey City CAFR
https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server_6189660/File/CY2020%20Annual%20Audit.pdf
7551
New Jersey
NJ
Middlesex County
County
2020
Various PILOT Agreements
General Economic Development
New Jersey State Statutes. N.J.S.A. 40A:20-l
Various govts w/I county
local, school, county, fire district taxes
(not specified)
(not specified)
$1,368,793
$0
$1,368,793
(none)
https://www.middlesexcountynj.gov/government/departments/department-of-business-innovation-education-and-opportunity/middlesex-county-improvement-authority/about-mcia/authority-annual-reports
7552
New Jersey
NJ
New Jersey
State
2020
Business Employment Incentive Program
Technology (various)
Public Laws 1996 c. 26
State of New Jersey
Corporation Business Tax; Insurance Premium Tax
Tax Credit
(not specified)
$45,860,000
$0
$45,860,000
(none)
7553
New Jersey
NJ
New Jersey
State
2020
Business Retention and Relocation Assistance Grant Program (BRRAG)
Business attraction/retention/expansion
New Jersey Statutes Annotated 34:1B-114
State of New Jersey
Corporation Business Tax
Tax Credit
(not specified)
$5,922,000
$0
$5,922,000
(none)
https://www.nj.gov/treasury/omb/fr.shtml
7554
New Jersey
NJ
New Jersey
State
2020
Economic Redevelopment and Growth (ERG) Program
Business attraction/retention/expansion
Public Laws 2013 c. 161
State of New Jersey
Corporation Business Tax; Insurance Premium Tax; Gross Income Tax
Tax Credit; Tax refund
(not specified)
$62,523,000
$0
$62,523,000
(none)
7555
New Jersey
NJ
New Jersey
State
2020
Grow New Jersey Assistance Program (GROW NJ)
Job Creation/Retention
Public Laws 2013 c. 161
State of New Jersey
Corporation Business Tax; Insurance Premium Tax
Tax Credit
(not specified)
$133,126,000
$0
$133,126,000
(none)
7556
New Jersey
NJ
New Jersey
State
2020
Public Infrastructure Projects; Film and Digital Media Tax Credit Program; Angel Investor Tax Credit Program
Film, TV, and/or media
New Jersey Statutes Annotated 34:1B-251; Public Laws 2018 c. 56; Public Laws 2013 c. 14
State of New Jersey
multiple
Multiple
(not specified)
$2,380,000
$0
$2,380,000
(none)
https://www.nj.gov/treasury/omb/fr.shtml
7557
New Jersey
NJ
New Jersey
State
2020
Technology Business Tax Certificate Transfer (NOL) Program
Technology (biotech)
New Jersey Statutes Annotated 34:1B-7.42a
State of New Jersey
Corporate Income Tax
Tax Credit
(not specified)
$60,000,000
$0
$60,000,000
(none)
7558
New Jersey
NJ
New Jersey
State
2020
Urban Transit Hub Tax Credit Program (HUB)
Capital investment
Public Laws 2007 c. 346
State of New Jersey
Corporation Business Tax; Insurance Premium Tax; Gross Income Tax
Tax Credit
Tax Credits may be reduced or forfeited
$86,454,000
$0
$86,454,000
(none)
7559
New Jersey
NJ
Toms River Township
Municipality
2020
NJ Housing and Mortgage Fin Act
Housing
New Jersey Housing and Mortgage Financing Act Law of 1983, N.J.S.A. 55:14K-1
Toms River Township
Property Tax
Tax Abatement
(not specified)
$1,028,840
$0
$1,028,840
(none)
https://tomsrivertownship.com/178/Finance
7560
New Jersey
NJ
City of Camden
Municipality
2021
New Jersey Economic Opportunity Act
General Economic Development
New Jersey Opportunity Act of 2013 (EO13)
City of Camden
(not specified)
Tax Abatement
(not specified)
$6,245,754
$0
$6,245,754
5 and 10 year programs
https://www.ci.camden.nj.us/wp-content/uploads/2022/12/Audit-CY-2021.pdf
7561
New Jersey
NJ
City of Elizabeth
Municipality
2021
PILOT Agreements
Affordable Housing
(not specified)
Elizabeth, New Jersey
Property Tax
Tax Abatement
(not specified)
$27,779,744
$12,140,806
$15,638,938
(none)
https://www.elizabethnj.org/DocumentCenter/View/4651/Audit-2021-SFY_City-of-Elizabeth
7562
New Jersey
NJ
City of Trenton
Municipality
2021
Payment in lieu of Taxes (PILOT)
General Economic Development
(not specified)
City of Trenton
(not specified)
Payment In Lieu of Taxes (PILOT)
(not specified)
$8,470,740
$0
$8,470,740
(none)
https://www.trentonnj.org/DocumentCenter/View/6877/2021-Audit-PDF
7563
New Jersey
NJ
Edison School District
School District
2021
Tax Abatement
General Economic Development
N.J.S.A. 54:4-75 and N.J.S.A. 54:4-76
Edison Twnshp NJ
Property Tax
Tax Abatement
(not specified)
$2,258,105
$0
$2,258,105
(none)
7564
New Jersey
NJ
Elizabeth School District
School District
2021
Various Property Tax Abatement Agreements
General Economic Development
(not specified)
City of Elizabeth
Property Tax
(not specified)
(not specified)
$6,622,724
$0
$6,622,724
(none)
7565
New Jersey
NJ
Hudson County
County
2021
Various agreements
General Economic Development
(not specified)
Jersey City, NJ
Property Tax
(not specified)
(not specified)
$48,477,401
$0
$48,477,401
Passive loss reported by the City of New Jersey, County has no disclosures in CAFR
https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server_6189660/File/21%20COJC%20Audit%20(released%2004042023).pdf
7566
New Jersey
NJ
Jersey City
Municipality
2021
Various Tax Abatement Agreements
Urban Renewal
Long Term Tax Exemption Law, N.J.S.A. 40A:20-1 et seq.
Jersey City, NJ
Property Tax
Tax Abatement
(not specified)
$70,536,098
$101,313,947
$0
Reported in Jersey City CAFR. The city claims that it did not lose any revenue because it raised taxes to cover the abated amounts.
https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server_6189660/File/21%20COJC%20Audit%20(released%2004042023).pdf
7567
New Jersey
NJ
Jersey City Public SchoolsÂ
School District
2021
Various Tax Abatement Agreements
Urban Renewal
Long Term Tax Exemption Law, N.J.S.A. 40A:20-1 et seq.
Jersey City, NJ
Property Tax
Tax Abatement
(not specified)
$69,248,485
$0
$69,248,485
Reported in Jersey City CAFR
https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server_6189660/File/21%20COJC%20Audit%20(released%2004042023).pdf
7568
New Jersey
NJ
Middlesex County
County
2021
Various PILOT Agreements
General Economic Development
New Jersey State Statutes. N.J.S.A. 40A:20-l
Various govts w/I county
local, school, county, fire district taxes
(not specified)
(not specified)
$1,465,747
$0
$1,465,747
(none)
https://www.middlesexcountynj.gov/government/departments/department-of-business-innovation-education-and-opportunity/middlesex-county-improvement-authority/about-mcia/authority-annual-reports
7569
New Jersey
NJ
New Jersey
State
2021
Angel Investor Tax Credit Program
Technology (various)
P.L.2013, c. 14
State of New Jersey
(not specified)
Tax Credit
the New Jersey Economic Development Authority is authorized to issue a recapture assessment of all or a portion of Tax Credits, which shall be based upon the proportionate value of the grant of Tax Credits that corresponds to the amount and period of noncompliance.
$14,945,000
$0
$14,945,000
(none)
7570
New Jersey
NJ
New Jersey
State
2021
Business Employment Incentive Program
Technology (various)
Public Laws 1996 c. 26
State of New Jersey
Corporation Business Tax; Insurance Premium Tax
Tax Credit
(not specified)
$44,132,000
$0
$44,132,000
(none)
7571
New Jersey
NJ
New Jersey
State
2021
Economic Redevelopment and Growth (ERG) Program
Business attraction/retention/expansion
Public Laws 2013 c. 161
State of New Jersey
Corporation Business Tax; Insurance Premium Tax; Gross Income Tax
Tax Credit; Tax refund
(not specified)
$52,248,000
$0
$52,248,000
(none)
7572
New Jersey
NJ
New Jersey
State
2021
Grow New Jersey Assistance Program (GROW NJ)
Job Creation/Retention
Public Laws 2013 c. 161
State of New Jersey
Corporation Business Tax; Insurance Premium Tax
Tax Credit
(not specified)
$163,652,000
$0
$163,652,000
(none)
7573
New Jersey
NJ
New Jersey
State
2021
Other Abatement Programs
General Economic Development
(not specified)
State of New Jersey
(not specified)
(not specified)
(not specified)
$604,000
$0
$604,000
(none)
7574
New Jersey
NJ
New Jersey
State
2021
Technology Business Tax Certificate Transfer (NOL) Program
Technology (biotech)
New Jersey Statutes Annotated 34:1B-7.42a
State of New Jersey
Corporate Income Tax
Tax Credit
(not specified)
$55,831,000
$0
$55,831,000
(none)
7575
New Jersey
NJ
New Jersey
State
2021
Urban Transit Hub Tax Credit Program (HUB)
Capital investment
Public Laws 2007 c. 346
State of New Jersey
Corporation Business Tax; Insurance Premium Tax; Gross Income Tax
Tax Credit
Tax Credits may be reduced or forfeited
$106,385,000
$0
$106,385,000
(none)
7576
New Jersey
NJ
Toms River Township
Municipality
2021
NJ Housing and Mortgage Fin Act
Housing
New Jersey Housing and Mortgage Financing Act Law of 1983, N.J.S.A. 55:14K-1
Toms River Township
Property Tax
Tax Abatement
(not specified)
$1,028,840
$0
$1,028,840
(none)
https://tomsrivertownship.com/178/Finance
7577
New Jersey
NJ
Trenton School District
School District
2021
Tax Abatement
General Economic Development
(not specified)
Trenton NJ
Property Tax
(not specified)
(not specified)
$3,544,515
$0
$3,544,515
Cannot estimate for City of Trenton; Taxes are raised to recoup losses
https://www.nj.gov/education/finance/fp/acfr/search/21/5210.pdf
7578
New Jersey
NJ
City of Camden
Municipality
2022
New Jersey Economic Opportunity Act
General Economic Development
New Jersey Opportunity Act of 2013 (EO13)
City of Camden
(not specified)
Tax Abatement
(not specified)
$4,535,148
$0
$4,535,148
5 and 10 year programs
https://www.ci.camden.nj.us/wp-content/uploads/2023/09/Camden-City-2022-Audit.pdf
7579
New Jersey
NJ
City of Elizabeth
Municipality
2022
PILOT Agreements
Multiple
N.J.S.A. 40A:20; NJ.S.A. 20A:21
Elizabeth, New Jersey
Property Tax
Tax Abatement
(not specified)
$30,094,332
$12,000,000
$18,094,332
ACFR has details on agreements
https://www.elizabethnj.org/DocumentCenter/View/5479/Audit-2022-SFY_City-of-Elizabeth
7580
New Jersey
NJ
Elizabeth School District
School District
2022
Various Property Tax Abatement Agreements
General Economic Development
N.J.S.A. 54:4-75 and N.J.S.A. 54:4-76
City of Elizabeth
Property Tax
(not specified)
(not specified)
$6,769,879
$0
$6,769,879
(none)
https://www.nj.gov/education/finance/fp/acfr/search/22/1320.pdf
7581
New Jersey
NJ
Hudson County
County
2022
Various agreements
General Economic Development
(not specified)
Jersey City, NJ
Property Tax
(not specified)
(not specified)
$51,787,607
$0
$51,787,607
Passive loss reported by the City of New Jersey, County has no disclosures in CAFR
https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server_6189660/File/City%20Hall/Finance/Audits/22%20COJC%20AUDIT%20(Released%2009212023).pdf
7582
New Jersey
NJ
Jersey City
Municipality
2022
Various Tax Abatement Agreements
Urban Renewal
Long Term Tax Exemption Law, N.J.S.A. 40A:20-1 et seq.
Jersey City, NJ
Property Tax
Tax Abatement
(not specified)
$108,894,652
$104,882,151
$4,012,501
Reported in Jersey City CAFR. The city claims that it did not lose any revenue because it raised taxes to cover the abated amounts.
https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server_6189660/File/City%20Hall/Finance/Audits/22%20COJC%20AUDIT%20(Released%2009212023).pdf
7583
New Jersey
NJ
Jersey City Public SchoolsÂ
School District
2022
Various Tax Abatement Agreements
Urban Renewal
Long Term Tax Exemption Law, N.J.S.A. 40A:20-1 et seq.
Jersey City, NJ
Property Tax
Tax Abatement
(not specified)
$109,846,378
$0
$109,846,378
Reported in Jersey City CAFR
https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server_6189660/File/City%20Hall/Finance/Audits/22%20COJC%20AUDIT%20(Released%2009212023).pdf
7584
New Jersey
NJ
Trenton School District
School District
2022
Tax Abatement
General Economic Development
(not specified)
Trenton NJ
Property Tax
(not specified)
(not specified)
$8,470,740
$0
$8,470,740
Cannot estimate for City of Trenton; Taxes are raised to recoup losses
https://www.nj.gov/education/finance/fp/acfr/search/21/5210.pdf
7585
New Jersey
NJ
New Jersey
State
2022
Grow New Jersey Assistance Program (GROW NJ)
Job Creation/Retention
Public Laws 2013 c. 161
State of New Jersey
Corporation Business Tax; Insurance Premium Tax
Tax Credit
(not specified)
$222,681,000
$0
$222,681,000
(none)
https://www.nj.gov/treasury/omb/publications/22fr/NJFRFY2022Complete.pdf
7586
New Jersey
NJ
New Jersey
State
2022
Urban Transit Hub Tax Credit Program (HUB)
Capital investment
Public Laws 2007 c. 346
State of New Jersey
Corporation Business Tax; Insurance Premium Tax; Gross Income Tax
Tax Credit
Tax Credits may be reduced or forfeited
$97,436,000
$0
$97,436,000
(none)
https://www.nj.gov/treasury/omb/publications/22fr/NJFRFY2022Complete.pdf
7587
New Jersey
NJ
New Jersey
State
2022
Economic Redevelopment and Growth (ERG) Program
Business attraction/retention/expansion
Public Laws 2013 c. 161; P.L. 2014 c. 63; N.J.S.A. 34:1B-207
State of New Jersey
Corporation Business Tax; Insurance Premium Tax; Gross Income Tax
Tax Credit; Tax refund
(not specified)
$72,032,000
$0
$72,032,000
(none)
https://www.nj.gov/treasury/omb/publications/22fr/NJFRFY2022Complete.pdf
7588
New Jersey
NJ
New Jersey
State
2022
Technology Business Tax Certificate Transfer (NOL) Program
Technology (biotech)
New Jersey Statutes Annotated 34:1B-7.42a
State of New Jersey
Corporate Income Tax
Tax Credit
(not specified)
$56,120,000
$0
$56,120,000
(none)
https://www.nj.gov/treasury/omb/publications/22fr/NJFRFY2022Complete.pdf
7589
New Jersey
NJ
New Jersey
State
2022
Angel Investor Tax Credit Program
Technology (various)
Public Laws 2019, c. 145; P.L. 2013, c.14
State of New Jersey
(not specified)
Tax Credit
the New Jersey Economic Development Authority is authorized to issue a recapture assessment of all or a portion of Tax Credits, which shall be based upon the proportionate value of the grant of Tax Credits that corresponds to the amount and period of noncompliance.
$20,244,000
$0
$20,244,000
(none)
https://www.nj.gov/treasury/omb/publications/22fr/NJFRFY2022Complete.pdf
7590
New Jersey
NJ
New Jersey
State
2022
Film and Digital Media Tax Credit Program
Film, TV, and/or media
Public Laws 2018, c.56
State of New Jersey
Corporation Business Tax; Gross income tax
Tax Credit
(not specified)
$7,397,000
$0
$7,397,000
(none)
https://www.nj.gov/treasury/omb/publications/22fr/NJFRFY2022Complete.pdf
7591
New Jersey
NJ
New Jersey
State
2022
Business Employment Incentive Program
Technology (various)
Public Laws 1996 c. 26
State of New Jersey
Corporation Business Tax; Insurance Premium Tax
Tax Credit
(not specified)
$116,433
$0
$116,433
(none)
https://www.nj.gov/treasury/omb/publications/22fr/NJFRFY2022Complete.pdf
7592
251