Fee-in-Lieu of Tax (“FILOT”) and Multi-County Park (“MCP”) / Special Source Revenue Credit (“SSRC”) Arrangements - Developer Issues (Presentation)

Maynard Nexsen
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In This Presentation:

FILOTs and MCPs/SSRCs – Developer Issues

..Basic Property Taxes Calculation

..FILOTs – The Basics

..Developer FILOT Project Scenario

..Developer FILOT Arrangements

..Key Issues in Developer FILOTs

..MCP/SSRCs Coupled with FILOT or “Naked”

I. Basic Property Taxes Calculation

FMV * Assessment Ratio * Millage = Money

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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