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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.

State or TerritoryHawaii
Effected JurisdictionCity and County of Honolulu
Jurisdiction type: City/County
Fiscal year ending In2018
Program nameCentral Kakaako Industrial Zone Limited Development Exemption
Program purpose: Industrial development
Statutory authority: Revised Ordinance of Honolulu Section 8-10.34
Abating jurisdiction(s): Honolulu, Hawaii
Applicable taxesProperty Tax
Method of abatement: (not specified)
Provisions for recapture: Rollback taxes, penalty, and interest
Gross revenue loss: $877,000
Reimbursement / offset: $0
Net revenue loss: $877,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.honolulu.gov/budget/budget-acfr.html