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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.

State or TerritoryPennsylvania
Effected JurisdictionAllegheny County
Jurisdiction type: County
Fiscal year ending In2020
Program nameTax Increment Financing (TIF)
Program purpose: General Economic Development (TIF)
Statutory authority: Pennsylvania Tax Increment Financing Act (53 P.S. §6930.1 et seq.)
Abating jurisdiction(s): Allegheny County, Pennsylvania
Applicable taxesReal Estate Property Tax
Method of abatement: Tax freeze
Provisions for recapture: (not specified)
Gross revenue loss: $2,202,740
Reimbursement / offset: $0
Net revenue loss: $2,202,740
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://alleghenycontroller.com/reports-audits-type/annual-report/