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Parker Poe Consulting Completes Annual GASB 77 Compliance

  • News
  • November 1, 2019

Parker Poe Consulting (in partnership with Parker Poe Adams & Bernstein) has finished assisting multiple county governments with 2019 GASB 77 reporting obligations. These obligations include the calculation of tax abatements, written citations and preparation of memos to affected taxing entities.

As a shift in tax year 2019, economic developers and county government officials should note that the new property value exemption for manufacturers will affect tax abatement calculations.

For additional guidance on local government reporting obligations and compliance under GASB 77, please contact Parker Poe Consulting.