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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.

StateWashington
Effected JurisdictionCity of Seattle
Jurisdiction type: Municipality
Fiscal year ending In2016
Program nameHistoric Properties Incentives
Program purpose: Historic Preservation
Statutory authority: (not specified)
Abating jurisdiction(s): Seattle
Applicable taxesProperty Tax
Method of abatement: (not specified)
Provisions for recapture: Yes
Gross revenue loss: $2,599,000
Reimbursement / offset: $0
Net revenue loss: $2,599,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.seattle.gov/city-finance/financial-and-audit-reports/annual-...