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 Columbus |
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): | Columbus, 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: | $2,974,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $2,974,000 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://www.columbus.gov/uploadedFiles/Columbus/Elected_Officials/City_A... |