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: | Wisconsin |
| Effected Jurisdiction: | City of Madison |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2019 |
| Program name: | Forgivable loans under Tax Increment Financing |
| Program purpose: | General Economic Development |
| Statutory authority: | TID project plans |
| Abating jurisdiction(s): | City of Madison |
| Applicable taxes: | Forgiven Loan |
| Method of abatement: | TIF Loan |
| Provisions for recapture: | (N/A - TIF) |
| Gross revenue loss: | $4,605,461 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $4,605,461 |
| Type of loss: | Active |
| Additional notes on dislosure: | See CAFR for TIF notes regarding loans forgiven this FY and in the future |
| Document source: | https://www.cityofmadison.com/finance/accounting/financial-statements |
