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

City of Southfield, MI Revenue Losses from Subsidy Programs

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YearProgram NameProgram TypeGross Revenue LossReimbursement / offsetNet Revenue LossType of Loss
2021Brownfield Redevelopment AbatementBrownfield rehabilitation$1,299,700$0$1,299,700Active
2022Brownfield Redevelopment AbatementBrownfield rehabilitation$1,332,973$0$1,332,973Active
2021Industrial Facilities Tax (IFT)General Economic Development$168,198$0$168,198Active
2022Industrial Facilities Tax (IFT)General Economic Development$219,054$0$219,054Active
2021New Personal Property ExemptionGeneral Economic Development$645,900$0$645,900Active
2022New Personal Property ExemptionGeneral Economic Development$932,900$0$932,900Active
TABULATED TOTAL$4,598,725$0$4,598,725