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: | Arizona |
| Effected Jurisdiction: | City of Phoenix |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2018 |
| Program name: | Government Property Lease Excise Tax (GPLET) program |
| Program purpose: | Redevelopment/revitalization |
| Statutory authority: | Arizona Revised Statutes (ARS) Title 42, Chapter 6, Article 6, Sections 42-6201, 42-6203, 42-6208, and 42-6209. |
| Abating jurisdiction(s): | Phoenix, Arizona |
| Applicable taxes: | Real Property Tax |
| Method of abatement: | (not specified) |
| Provisions for recapture: | (N/A - performance-based) |
| Gross revenue loss: | $4,287,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $4,287,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.phoenix.gov/finance/annualreports |
