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: | Illinois |
Effected Jurisdiction: | City of Chicago |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2017 |
Program name: | Various Cook County Tax Abatement Programs |
Program purpose: | Construction/rehabilitation |
Statutory authority: | (not specified) |
Abating jurisdiction(s): | County of Cook (Cook County) |
Applicable taxes: | Property Tax |
Method of abatement: | Reduction of assessed value |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $12,000,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $12,000,000 |
Type of loss: | Passive |
Additional notes on dislosure: | (none) |
Document source: | https://www.chicago.gov/city/en/depts/fin/supp_info/comprehensive_annual... |