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: | Iowa |
Effected Jurisdiction: | Polk County |
Jurisdiction type: | County |
Fiscal year ending In: | 2019 |
Program name: | Passive Tax Abatement: Urban renewal and economic development projects of other entities |
Program purpose: | General Economic Development |
Statutory authority: | Chapters 15A and 403 of the Code of Iowa |
Abating jurisdiction(s): | Polk County |
Applicable taxes: | Property Tax |
Method of abatement: | Tax Abatement |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $3,865,972 |
Reimbursement / offset: | $0 |
Net revenue loss: | $3,865,972 |
Type of loss: | Passive |
Additional notes on dislosure: | Includes agreements made by Des Moines, Bondurant, Ankeny, Grimes, Windsor Heights, Altoona, Pleasant Hill, Johnston, Clive, Urbandale, West Des Moines, Polk City, Mitchellville |
Document source: | https://www.polkcountyiowa.gov/county-auditor/central-accounting/compreh... |