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: | Kentucky |
| Effected Jurisdiction: | Kentucky |
Jurisdiction type: | State |
| Fiscal year ending In: | 2020 |
| Program name: | Tax Increment Financing (TIF) |
| Program purpose: | General Economic Development (TIF) |
| Statutory authority: | KRS 154.30-040, KRS 154.30-050, KRS 154.30-060 & KRS Chapter 65 |
| Abating jurisdiction(s): | State of Kentucky |
| Applicable taxes: | Sales and Use Tax; Property Tax; Income Tax |
| Method of abatement: | Tax Credit |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $41,456,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $41,456,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://finance.ky.gov/office-of-the-controller/office-of-statewide-acco... |
