South Dakota 2020 Revenue Lost to Tax Abatement Programs
Click on the name of a program for more details.
|Program Name||Program Type||Revenue Loss|
|The Reinvestment Payment Program||Economic development; Job creation/retention||$19,300,000|
|TABULATED STATE-LEVEL TOTAL||$19,300,000|
Tabulated localities and districts
Click on the name of jurisdiction for a list of tax abatement programs that reduced its tax revenue.
For South Dakota, the estimated reporting rate is as follows:
Cities/counties: 7 out of 14 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.
School districts: 6 out of 136 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.
Concerned about the lack of disclosure? Check out the roadmap on GASB 77 compliance we created for SD. You can also get a CSV file of the localities in SD that did not make any tax abatement disclosures in their annual financial reports.
Why is there little or no reporting from school districts?: Unknown.
Local government / school district financial audits are posted here.