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Tax Break Tracker Individual Entry

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.

Effected JurisdictionCity of Springfield
Jurisdiction type: Municipality
Fiscal year ending In2020
Program nameLand Clearance for Redevelopment
Program purpose: Construction/rehabilitation
Statutory authority: Sections 99.300 through 99.517 Revised Statutes of Missouri
Abating jurisdiction(s): Springfield, Missouri
Applicable taxesReal Property Tax
Method of abatement: Tax Abatement
Provisions for recapture: (not specified)
Gross revenue loss: $148,525
Reimbursement / offset: $0
Net revenue loss: $148,525
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.springfieldmo.gov/4961/Annual-Reports