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 Schools  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 Schools  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 Schools  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 Schools  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 Schools  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 Schools  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