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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 Cincinnati
Jurisdiction type: Municipality
Fiscal year ending In2022
Program nameJob Creation Tax Credit Program
Program purpose: General Economic Development
Statutory authority: ORC 718.15
Abating jurisdiction(s): Cincinnati, Ohio
Applicable taxesIncome Tax
Method of abatement: Tax Credit
Provisions for recapture: JCTC agreements include specific language for refund of the credits should the terms of the agreement not be met by the taxpayer
Gross revenue loss: $3,997,000
Reimbursement / offset: $0
Net revenue loss: $3,997,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.cincinnati-oh.gov/finance/financial-reports/2022-annual-comp...