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

Utica Community School District, MI Revenue Losses from Subsidy Programs

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YearProgram NameProgram TypeGross Revenue LossReimbursement / offsetNet Revenue LossType of Loss
2017Industrial Facilities Tax Exemption (IFT)General Economic Development$216,000$0$216,000Passive
2019Industrial Facilities Tax Exemption (IFT)Construction/rehabilitation$1,243,000$1,021,000$222,000Passive
2020Industrial Facilities Tax Exemption (IFT)Construction/rehabilitation$1,572,000$1,306,000$266,000Passive
2021Industrial Facilities Tax Exemption (IFT)Construction/rehabilitation$1,651,081$1,368,061$283,020Passive
2017Industrial Facilities Tax Exemption (IFT)General Economic Development$1,211,000$0$1,211,000Passive
TABULATED TOTAL$5,893,081$3,695,061$2,198,020