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: | Colorado |
| Effected Jurisdiction: | City of Aurora |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2021 |
| Program name: | Job Related Tax Abatements |
| Program purpose: | Job Creation/Retention |
| Statutory authority: | City Council Ordinance |
| Abating jurisdiction(s): | City of Aurora |
| Applicable taxes: | Use Tax; Sales Tax; Personal Property Tax |
| Method of abatement: | Abatement |
| Provisions for recapture: | Yes |
| Gross revenue loss: | $3,947 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $3,947 |
| Type of loss: | Active |
| Additional notes on dislosure: | Total potential future abatement as of December 31, 2021, is $18,929,023 and abatements paid or waived to date on these active agreements is $486,610. During 2021, only one abatement was paid out for $3,947 (on an agreement that was completed in October 2021) as businesses either did not meet the employment and time requirements or did not submit a rebate request. |
| Document source: | https://www.auroragov.org/cms/One.aspx?portalId=16242704&pageId=16401536... |
