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: | Louisville/Jefferson |
Jurisdiction type: | City/County |
| Fiscal year ending In: | 2021 |
| Program name: | Churchill Downs Incorporated Project (Industrial Revenue Bonds) |
| Program purpose: | Construction/rehabilitation |
| Statutory authority: | Louisville Metro Ordinance 85, Series 2002 |
| Abating jurisdiction(s): | Louisville, Kentucky |
| Applicable taxes: | Property Tax; Personal Property Tax |
| Method of abatement: | Payment In Lieu of Taxes (PILOT) |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $713,603 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $713,603 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://louisvilleky.gov/government/management-budget/annual-comprehensi... |
