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: | 2022 |
Program name: | West Eugene Enterprise Zone |
Program purpose: | General Economic Development |
Statutory authority: | Oregon Revised Statutes (ORS) 285C and City Ordinance No. 20368 |
Abating jurisdiction(s): | Eugene, Oregon |
Applicable taxes: | Real Property Tax; Personal Property Tax |
Method of abatement: | Reduction in assessed value; Tax Exemption |
Provisions for recapture: | Property is disqualified if it is used for an ineligible activity, such as retail operations, or if the business substantially curtails operations or closes during the exemption period. When property becomes disqualified, prior exempt taxes are billed for payment |
Gross revenue loss: | $247,750 |
Reimbursement / offset: | $0 |
Net revenue loss: | $247,750 |
Type of loss: | Active |
Additional notes on dislosure: | Revenue shift recorded at 42437 |
Document source: | https://www.eugene-or.gov/DocumentCenter/View/68281/FY22-Annual-Comprehe... |