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 Hillsboro |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2019 |
| Program name: | Enterprise Zone Program |
| Program purpose: | Job Creation/Retention |
| Statutory authority: | Oregon Revised Statutes (ORS) 285C.175 |
| Abating jurisdiction(s): | Hillsboro, Oregon |
| Applicable taxes: | Property Tax |
| Method of abatement: | Reduction in assessed value |
| 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: | $3,200,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $3,200,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
