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Please note that data are cataloged by fiscal years. For more info see our user guide.

City of Schaumburg, IL Revenue Losses from Subsidy Programs

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Year sort icon . Program NameProgram TypeGross Revenue LossReimbursement / offsetNet Revenue LossType of Loss
2020Class 6B Incentive ProgramIndustrial development$9,842,784$0$9,842,784Passive
2020Tax Increment FinancingCapital investment$3,833,423$0$3,833,423Active
2019Class 6bConstruction/rehabilitation$9,435,253$0$9,435,253Active
2019Tax Increment Financing (TIF)Redevelopment/revitalization$3,772,972$0$3,772,972Active
2017Cook County Class 6B ProgGeneral Economic Development$5,416,200$0$5,416,200Passive
TABULATED TOTAL$32,300,632$0$32,300,632