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: | Pennsylvania |
| Effected Jurisdiction: | City of Philadelphia |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2023 |
| Program name: | Tax Increment Financing (TIF) District(s) |
| Program purpose: | General Economic Development (TIF) |
| Statutory authority: | Tax Increment Financing Act |
| Abating jurisdiction(s): | State of Pennsylvania |
| Applicable taxes: | Real Estate Tax |
| Method of abatement: | (not specified) |
| Provisions for recapture: | (N/A - TIF) |
| Gross revenue loss: | $399,818 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $399,818 |
| Type of loss: | Passive |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.phila.gov/media/20240228100623/FY-2023-ACFR.pdf |
