Tax Break Tracker Individual Entry
Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State:
South Dakota
Reporting Jurisdiction:
Lead-Deadwood School District 40-1
Jurisdiction type
:
School district

Fiscal year ending In:
2018
Program name:
Tax Increment Financing (TIF) Districts
Program purpose
:
Economic development (TIF)

Statutory authority
:
South Dakota Codified Law (SDCL) section 11-9

Abating jurisdiction(s)
:
Municipality of Deadwood, South Dakota

Applicable taxes:
Property Tax
Method of abatement
:
Tax diversion

Provisions for recapture
:
None exist

Gross revenue loss
:
$388,931

Reimbursement / offset
:
$0

Net revenue loss
:
$388,931

Type of loss
:
Passive

Additional notes on dislosure:
(none)