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 Territory: | Kentucky |
Effected Jurisdiction: | City of Bowling Green |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2020 |
Program name: | Property Tax Annexation Program |
Program purpose: | Construction/rehabilitation |
Statutory authority: | (not specified) |
Abating jurisdiction(s): | Bowling Green |
Applicable taxes: | Property 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: | $625 |
Reimbursement / offset: | $0 |
Net revenue loss: | $625 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://www.bgky.org/finance/archive |