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: | Louisville/Jefferson |
Jurisdiction type: | City/County |
| Fiscal year ending In: | 2020 |
| Program name: | Tax Increment Financing (TIF) |
| Program purpose: | General Economic Development (TIF) |
| Statutory authority: | Kentucky Revised Statute 65.7041 et seq. and Kentucky Revised Statute 154.30. |
| Abating jurisdiction(s): | Louisville, Kentucky |
| Applicable taxes: | Property Tax; Occupational License Fees |
| Method of abatement: | Tax Abatement |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $3,106,836 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $3,106,836 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://louisvilleky.gov/government/management-budget/annual-comprehensi... |
