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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.

StateAlaska
Effected JurisdictionCity of Anchorage
Jurisdiction type: Municipality
Fiscal year ending In2020
Program nameAgreement with Span Alaska
Program purpose: General Economic Development
Statutory authority: Anchorage Municipal Code (AMC) 12.35- Economic Development Property established in 1989
Abating jurisdiction(s): Anchorage, AK
Applicable taxesProperty Tax
Method of abatement: (not specified)
Provisions for recapture: (not specified)
Gross revenue loss: $7,550,088
Reimbursement / offset: $0
Net revenue loss: $7,550,088
Type of loss: Active
Document sourcehttps://www.muni.org/departments/finance/controller/pages/cafr.aspx