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

City of Sterling Heights, MI Revenue Losses from Subsidy Programs

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YearProgram Name sort icon . Program TypeGross Revenue LossReimbursement / offsetNet Revenue LossType of Loss
2017Local Development Finance AuthorityGeneral Economic Development$461,813$0$461,813Active
2018Local Development Finance AuthorityGeneral Economic Development$438,187$0$438,187Active
2017Industrial Facilities Tax Abatement (IFT)General Economic Development$975,719$0$975,719Active
2018Industrial Facilities ExemptionGeneral Economic Development$863,681$0$863,681Active
2019Industrial Facilities ExemptionGeneral Economic Development$813,377$0$813,377Active
2020Industrial Facilities ExemptionFacility expansion$752,983$0$752,983Active
2021Industrial Facilities ExemptionFacility expansion$730,955$0$730,955Active
2018Brownfield Redevelopment Authority SitesGeneral Economic Development$84,250$0$84,250Active
2017Brownfield Redevelopment (BRA)General Economic Development$84,250$0$84,250Active
TABULATED TOTAL$5,205,215$0$5,205,215