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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.

State or TerritoryOhio
Effected JurisdictionCity of Toledo
Jurisdiction type: Municipality
Fiscal year ending In2022
Program nameToledo Expansion Incentive Program
Program purpose: General Economic Development
Statutory authority: City of Toledo Ordinance 487-07
Abating jurisdiction(s): City of Toledo
Applicable taxesGrant
Method of abatement: Grant
Provisions for recapture: (not specified)
Gross revenue loss: $1,310,000
Reimbursement / offset: $0
Net revenue loss: $1,310,000
Type of loss: Active
Additional notes on dislosure21 participants
Document sourcehttps://cdn.toledo.oh.gov/uploads/documents/Finance/Accounts/2022-Annual...