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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.

StateOhio
Effected JurisdictionCity of Akron
Jurisdiction type: Municipality
Fiscal year ending In2022
Program nameResidential tax abatement program
Program purpose: General Economic Development
Statutory authority: Ohio Revised Code Section 3735.66
Abating jurisdiction(s): Akron
Applicable taxesProperty Tax
Method of abatement: Tax Abatement
Provisions for recapture: (not specified)
Gross revenue loss: $225,507
Reimbursement / offset: $0
Net revenue loss: $225,507
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://cms2.revize.com/revize/akronoh/Documents/Departments/Finance/Rep...