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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 Hillsboro
Jurisdiction type: Municipality
Fiscal year ending In2022
Program nameStrategic Investment Program
Program purpose: Capital investment
Statutory authority: Oregon Legislature in 1993 under Oregon Revised Statutes (ORS) 285C.600
Abating jurisdiction(s): Hillsboro, Oregon
Applicable taxesProperty Tax
Method of abatement: Reduction in assessed value
Provisions for recapture: (not specified)
Gross revenue loss: $75,854,000
Reimbursement / offset: $0
Net revenue loss: $75,854,000
Type of loss: Active
Additional notes on dislosure3 deals with 2 separate companies
Document sourcehttps://www.hillsboro-oregon.gov/home/showdocument?id=29088&t=6380608790...