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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.

State or TerritoryKansas
Effected JurisdictionCity of Olathe
Jurisdiction type: Municipality
Fiscal year ending In2016
Program nameKH Jensen - Sun Life Assurance Property Tax Abatement
Program purpose: General Economic Development
Statutory authority: Section 13 of Article 11 of the Kansas Constitution or K.S.A. 12-1740 et seq. and 79-201a
Abating jurisdiction(s): City of Olathe
Applicable taxesProperty Tax
Method of abatement: Tax Abatement
Provisions for recapture: (not specified)
Gross revenue loss: $76,033
Reimbursement / offset: $0
Net revenue loss: $76,033
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.olatheks.org/government/finance-services/financial-reports