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 Territory: | Oregon |
| Effected Jurisdiction: | City of Eugene |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2017 |
| Program name: | Property Tax Differential |
| Program purpose: | General Economic Development |
| Statutory authority: | Oregon Revised Statutes (ORS) 222 and City Resolution No. 5015 and 5068 |
| Abating jurisdiction(s): | Eugene, Oregon |
| Applicable taxes: | Real Property Tax |
| Method of abatement: | Reduction of tax rate |
| Provisions for recapture: | As part of the tax abatement agreement, the property owner must repay the tax differential amount if the property owner does not annex to the City in a timely manner. |
| Gross revenue loss: | $49,954 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $49,954 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
