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: | Indiana |
| Effected Jurisdiction: | City of Indianapolis |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2017 |
| Program name: | Vacant Building Abatement |
| Program purpose: | General Economic Development |
| Statutory authority: | I.C. 6-1.1-12.1 |
| Abating jurisdiction(s): | City of Indianapolis |
| Applicable taxes: | Real Property Tax |
| Method of abatement: | Tax Abatement |
| Provisions for recapture: | If a company ceases operations or announces the cessation of operations at the facility for which the abatement was granted, termination of the abatement agreement is warranted and 100% clawback is required. |
| Gross revenue loss: | $8,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $8,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.indy.gov/activity/annual-financial-reports |
