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: | Illinois |
Effected Jurisdiction: | City of Aurora |
Jurisdiction type:![]() | Municipality |
Fiscal year ending In: | 2017 |
Program name: | Various Property Tax Rebates (healthcare provider) |
Program purpose:![]() | General Economic Development |
Statutory authority:![]() | (not specified) |
Abating jurisdiction(s):![]() | City of Aurora |
Applicable taxes: | Property Tax |
Method of abatement:![]() | Tax Rebate |
Provisions for recapture:![]() | Yes |
Gross revenue loss:![]() | $150,000 |
Reimbursement / offset:![]() | $0 |
Net revenue loss:![]() | $150,000 |
Type of loss:![]() | Active |
Additional notes on dislosure: | The rebate is subject to recapture, in whole or in part, if the company does not employ a minimum of 45 persons and maintain operations until January 1, 2020. |
Document source: | https://www.aurora-il.org/Archive.aspx?AMID=55 |