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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 Olathe
Jurisdiction type: Municipality
Fiscal year ending In2020
Program nameVarious TIF agreements
Program purpose: General Economic Development
Statutory authority: K.S.A. 12-1770 (the TIF Act)
Abating jurisdiction(s): City of Olathe
Applicable taxesProperty Tax
Method of abatement: Tax Increment Financing (TIF)
Provisions for recapture: (not specified)
Gross revenue loss: $4,677,649
Reimbursement / offset: $0
Net revenue loss: $4,677,649
Type of loss: Active
Additional notes on dislosureCAFR notes specific agreements
Document sourcehttps://www.olatheks.org/government/finance-services/financial-reports