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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 JurisdictionCity of Ketchikan
Jurisdiction type: Municipality
Fiscal year ending In2022
Program nameAgreement with Alaska Industrial Development and Export Authority (AIDEA)
Program purpose: Transportation
Statutory authority: AS 29.45.050
Abating jurisdiction(s): Ketchikan Gateway Borough
Applicable taxesReal Property Tax
Method of abatement: Tax Abatement
Provisions for recapture: (not specified)
Gross revenue loss: $421,553
Reimbursement / offset: $0
Net revenue loss: $421,553
Type of loss: Active
Additional notes on dislosureThe shipyard is owned by the Alaska Industrial Development and Export Authority
Document sourcehttps://www.ktn-ak.us/media/Finance/2022%20City%20of%20Ketchikan%20ACFR.pdf