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 Springfield |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2021 |
Program name: | Sales Tax Rebates for Retailers |
Program purpose: | General Economic Development |
Statutory authority: | Section 6 of Article VII of the Illinois Constitution of 1970 |
Abating jurisdiction(s): | City of Springfield |
Applicable taxes: | Sales Tax |
Method of abatement: | Tax Rebate |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $39,793 |
Reimbursement / offset: | $0 |
Net revenue loss: | $39,793 |
Type of loss: | Active |
Additional notes on dislosure: | 3 agreements, broken down in ACFR |
Document source: | https://www.springfield.il.us/Government/2021/2021CAFR.pdf |