« Return to search form

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.

StateTennessee
Effected JurisdictionCity of Chattanooga
Jurisdiction type: Municipality
Fiscal year ending In2019
Program nameDowntown Housing Development
Program purpose: Affordable Housing
Statutory authority: Resolution No. 27968
Abating jurisdiction(s): Chattanooga, Tennessee
Applicable taxesProperty Tax
Method of abatement: Property tax freeze; Payment in lieu of Taxes (Payment In Lieu of Taxes (PILOT))
Provisions for recapture: No
Gross revenue loss: $475,180
Reimbursement / offset: $0
Net revenue loss: $475,180
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://chattanooga.gov/finance/finance-division/acfr