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:
New Jersey
Reporting Jurisdiction:
Collingswood School District
Jurisdiction type
:
School district
Fiscal year ending In:
2019
Program name:
Long Term Tax Exemptions
Program purpose
:
Affordable Housing
Statutory authority
:
N.J.S.A. 40A:20-1 et seq.
Abating jurisdiction(s)
:
Borough of Collingswood
Applicable taxes:
Property Tax
Method of abatement
:
Payment in lieu of tax
Provisions for recapture
:
(not specified)
Gross revenue loss
:
$1,459,932
Reimbursement / offset
:
$0
Net revenue loss
:
$1,459,932
Type of loss
:
Passive
Additional notes on dislosure:
(none)