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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.

StateRhode Island
Effected JurisdictionCity of Providence
Jurisdiction type: Municipality
Fiscal year ending In2022
Program nameTitle 44 Program (historic preservation)
Program purpose: Historic Preservation
Statutory authority: The State of Rhode Island General Laws Section 44-3-31.2
Abating jurisdiction(s): City of Providence
Applicable taxesReal Property Tax; Personal Property Tax
Method of abatement: Reduction in assessed value
Provisions for recapture: (no provisions for recapture)
Gross revenue loss: $10,567,000
Reimbursement / offset: $0
Net revenue loss: $10,567,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.providenceri.gov/wp-content/uploads/2023/01/City-of-Providen...