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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.

StateSouth Dakota
Effected JurisdictionCity of Rapid City
Jurisdiction type: Municipality
Fiscal year ending In2019
Program nameVarious Business Tax Abatements
Program purpose: Business attraction/retention
Statutory authority: SDCL 11-9
Abating jurisdiction(s): Rapid City
Applicable taxesProperty Tax
Method of abatement: Tax Abatement
Provisions for recapture: Not specified
Gross revenue loss: $1,420,633
Reimbursement / offset: $0
Net revenue loss: $1,420,633
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.rcgov.org/departments/finance/audits-3592.html