Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
| State: | Ohio |
| Effected Jurisdiction: | City of Cleveland |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2020 |
| Program name: | Tax Increment Financing (TIF) |
| Program purpose: | General Economic Development (TIF) |
| Statutory authority: | Ohio Revised Code (ORC) Chapter 5709 |
| Abating jurisdiction(s): | City of Cleveland, Ohio |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax abatement (PILOT) |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $2,377,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $2,377,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | 2018 CAFR has not been released |
| Document source: | https://www.clevelandohio.gov/taxonomy/term/206 |
