« Return to search form

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.

StatePennsylvania
Effected JurisdictionAllegheny County
Jurisdiction type: County
Fiscal year ending In2022
Program nameLocal Economic Revitalization Tax Assistance (LERTA)
Program purpose: Construction/rehabilitation
Statutory authority: Pennsylvania Local Economic Revitalization Tax Assistance Act 76 of 1977 (72 P.S. §4722, et seq.)
Abating jurisdiction(s): Allegheny County, Pennsylvania
Applicable taxesReal Estate Property Tax
Method of abatement: Tax Exemption
Provisions for recapture: no provisions for recapture
Gross revenue loss: $1,733,449
Reimbursement / offset: $0
Net revenue loss: $1,733,449
Type of loss: Active
Additional notes on dislosureSome companies named in ACFR.
Document sourcehttps://alleghenycontroller.com/wp-content/uploads/2023/06/2022-ACFR.pdf