« 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.

StateIllinois
Reporting JurisdictionCity of Aurora
Jurisdiction type: Municipality
Fiscal year ending In2016
Program nameVarious Property Tax Rebates (healthcare information technology and supply company)
Program purpose: General Economic Development
Statutory authority: (not specified)
Abating jurisdiction(s): City of Aurora
Applicable taxesProperty Tax
Method of abatement: Tax Rebate
Provisions for recapture: Yes
Gross revenue loss: $31,084
Reimbursement / offset: $0
Net revenue loss: $31,084
Type of loss: Active
Additional notes on dislosureThe rebate is subject to recapture, in whole or in part, if the company does not employ a minimum of 45 persons and maintain operations until January 1, 2020.
Document sourcehttps://www.aurora-il.org/Archive.aspx?AMID=55