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

Royal Oak, MI Revenue Losses from Subsidy Programs

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YearProgram NameProgram TypeGross Revenue LossReimbursement / offsetNet Revenue LossType of Loss
2020Brownfield RedevelopmentBrownfield rehabilitation$242,000$0$242,000Active
2017Brownfield Redevelopment (BRA)General Economic Development$120,000$0$120,000Active
2017Downtown Development AuthorityGeneral Economic Development$49,927$0$49,927Active
2017Industrial Facilities Tax Abatement (IFT)General Economic Development$56,000$0$56,000Active
2020Industrial Facilities Tax ExemptionIndustrial development$41,000$0$41,000Active
2017Tax Increment Financing AuthorityGeneral Economic Development$3,341,503$0$3,341,503Active
TABULATED TOTAL$3,850,430$0$3,850,430