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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.

StateOregon
Effected JurisdictionCity of Hillsboro
Jurisdiction type: Municipality
Fiscal year ending In2022
Program nameEnterprise Zone Program
Program purpose: Job Creation/Retention
Statutory authority: Oregon Revised Statutes (ORS) 285C.175
Abating jurisdiction(s): Hillsboro, Oregon
Applicable taxesProperty Tax
Method of abatement: Tax Abatement
Provisions for recapture: Should the business fail to meet requirements of the program, the abatement would be precluded and the full assessed value would go back on the tax rolls to be assessed
Gross revenue loss: $7,837,000
Reimbursement / offset: $0
Net revenue loss: $7,837,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.hillsboro-oregon.gov/home/showdocument?id=29088&t=6380608790...