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 Cincinnati |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2022 |
| Program name: | Community Reinvestment Area (CRA) Program |
| Program purpose: | General Economic Development |
| Statutory authority: | ORC Section 9.66(C)(1) and 9.66(C)(2) |
| Abating jurisdiction(s): | Cincinnati, Ohio |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax Exemption |
| Provisions for recapture: | Provisions for recapturing property Tax Exemptions, which can be used at the discretions of the local governments, are pursuant to ORC Section 9.66(C)(1) and 9.66(C)(2). |
| Gross revenue loss: | $4,276,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $4,276,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.cincinnati-oh.gov/finance/financial-reports/2022-annual-comp... |
