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 Milwaukee |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2022 |
| Program name: | Program 2 – Grants to Developers/Corporations |
| Program purpose: | General Economic Development |
| Statutory authority: | Wisconsin Statutes 66.1105, 66.1333 |
| Abating jurisdiction(s): | Milwaukee |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax Increment Financing (TIF) |
| Provisions for recapture: | The amount of the refund can be reduced for not meeting an economic indicator, such as full-time-equivalent employment. |
| Gross revenue loss: | $60,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $60,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | Includes abatement activity by district and remaining balances at the end of the fiscal year. |
| Document source: | https://city.milwaukee.gov/ImageLibrary/Groups/cityComptroller/Reports/C... |
