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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 Portland
Jurisdiction type: Municipality
Fiscal year ending In2022
Program nameHistoric Property
Program purpose: Historic Preservation
Statutory authority: Oregon Revised Statutes 358.475 Tourism development 358.545
Abating jurisdiction(s): State of Oregon
Applicable taxesProperty Tax
Method of abatement: Reduction in assessed value
Provisions for recapture: (not specified)
Gross revenue loss: $2,064,173
Reimbursement / offset: $0
Net revenue loss: $2,064,173
Type of loss: Passive
Additional notes on dislosure(none)
Document sourcehttps://www.portland.gov/omf/brfs/accounting/documents/2022-annual-compr...