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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 Eugene
Jurisdiction type: Municipality
Fiscal year ending In2017
Program nameProperty Tax Differential
Program purpose: General Economic Development
Statutory authority: Oregon Revised Statutes (ORS) 222 and City Resolution No. 5015 and 5068
Abating jurisdiction(s): Eugene, Oregon
Applicable taxesReal Property Tax
Method of abatement: Reduction of tax rate
Provisions for recapture: As part of the tax abatement agreement, the property owner must repay the tax differential amount if the property owner does not annex to the City in a timely manner.
Gross revenue loss: $49,954
Reimbursement / offset: $0
Net revenue loss: $49,954
Type of loss: Active
Additional notes on dislosure(none)