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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.

StateAlabama
Effected JurisdictionCity of Auburn
Jurisdiction type: Municipality
Fiscal year ending In2020
Program nameProperty Tax Abatements
Program purpose: Industrial development
Statutory authority: Act No. 92-599 enacted during the 1992 Regular Session of the Legislature of Alabama and now codified as Chapter 9B of Title 40 of the Code of Alabama (1975)
Abating jurisdiction(s): Auburn
Applicable taxesProperty Tax; Mortgage Recording Tax; Non-Education Property Tax Taxes
Method of abatement: Reduced millage rate; mortgage
Provisions for recapture: (not specified)
Gross revenue loss: $29,814
Reimbursement / offset: $0
Net revenue loss: $29,814
Type of loss: Active
Additional notes on dislosure(none)