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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.

Effected JurisdictionCook County
Jurisdiction type: County
Fiscal year ending In2022
Program nameVarious Property Tax Incentives
Program purpose: General Economic Development
Statutory authority: (not specified)
Abating jurisdiction(s): Cook County, Illinois
Applicable taxesProperty Tax
Method of abatement: Reduction in assessed value
Provisions for recapture: (not specified)
Gross revenue loss: $17,800,000
Reimbursement / offset: $0
Net revenue loss: $17,800,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://opendocs.cookcountyil.gov/comptroller/cafr/Annual_Comprehensive_...