« Return to search form

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.

StateKentucky
Effected JurisdictionCity of Bowling Green
Jurisdiction type: Municipality
Fiscal year ending In2022
Program nameProperty Tax Annexation Program
Program purpose: Construction/rehabilitation
Statutory authority: (not specified)
Abating jurisdiction(s): Bowling Green
Applicable taxesProperty Tax
Method of abatement: Tax Rebate
Provisions for recapture: Abated taxes may be recaptured if a participating company: fails to comply with City ordinances, rules, or regulations, or any terms of the Economic Development Annexation Incentive Agreement; or abandons or closes any businesses constructed on the property being annexed for a period of thirty (30) consecutive days.
Gross revenue loss: $71,528
Reimbursement / offset: $0
Net revenue loss: $71,528
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.bgky.org/files/29RB8pqY.pdf