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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 Spokane
Jurisdiction type: Municipality
Fiscal year ending In2022
Program nameMultiple-Family Housing Property Tax Exemption Program
Program purpose: Affordable Housing
Statutory authority: Spokane Municipal Code section SMC 8.15 and the Revised Code of Washington section RCW 84.14
Abating jurisdiction(s): City of Spokane, Washington
Applicable taxesReal Property Tax
Method of abatement: Tax Exemption
Provisions for recapture: (no provisions for recapture)
Gross revenue loss: $3,022,428
Reimbursement / offset: $0
Net revenue loss: $3,022,428
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://static.spokanecity.org/documents/opendata/financial-reports/2022...