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: | Alabama |
Effected Jurisdiction: | City of Auburn |
Jurisdiction type:![]() | Municipality |
Fiscal year ending In: | 2020 |
Program name: | Property 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 taxes: | Property 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) |