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 or Territory: | Ohio |
Effected Jurisdiction: | City of Cleveland |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2018 |
Program name: | Community Reinvestment Area (CRA) Program |
Program purpose: | Community development |
Statutory authority: | Ohio Revised Code 3735 |
Abating jurisdiction(s): | City of Cleveland, Ohio |
Applicable taxes: | Property Tax |
Method of abatement: | Tax Abatement |
Provisions for recapture: | The tax abatement is revoked when the tax abated property has code violations and the property is not maintained and/or when the portion of taxes on a property or parcel that was not abated becomes delinquent. |
Gross revenue loss: | $4,063,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $4,063,000 |
Type of loss: | Active |
Additional notes on dislosure: | 2018 CAFR has not been released |
Document source: | https://www.clevelandohio.gov/taxonomy/term/206 |