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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.

Effected JurisdictionCity of Dallas
Jurisdiction type: Municipality
Fiscal year ending In2022
Program nameHistoric Preservation
Program purpose: General Economic Development
Statutory authority: Dallas City Code, Article XI, "Historic Preservation Tax Exemptions and Economic Development Incentives for Historic Properties."
Abating jurisdiction(s): City of Dallas
Applicable taxesProperty Tax
Method of abatement: Tax Abatement
Provisions for recapture: There is an obligation by the owner to repay any taxes that were exempted under this program if the historic property is ever demolished or materially altered by the willful act or negligence of the owner without necessary City approvals.
Gross revenue loss: $1,561,000
Reimbursement / offset: $0
Net revenue loss: $1,561,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://dallascityhall.com/departments/budget/financialtransparency/Audi...