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: | Texas |
| Effected Jurisdiction: | City of Dallas |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2022 |
| Program name: | Historic 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 taxes: | Property 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 source: | https://dallascityhall.com/departments/budget/financialtransparency/Audi... |
