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: | Wisconsin |
Effected Jurisdiction: | City of Madison |
Jurisdiction type:![]() | Municipality |
Fiscal year ending In: | 2017 |
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:![]() | $2,691,586 |
Reimbursement / offset:![]() | $0 |
Net revenue loss:![]() | $2,691,586 |
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 |