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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.

Effected JurisdictionLouisville/Jefferson
Jurisdiction type: City/County
Fiscal year ending In2022
Program nameChurchill Downs Incorporated Project (Industrial Revenue Bonds)
Program purpose: Construction/rehabilitation
Statutory authority: Louisville Metro Ordinance 85, Series 2002
Abating jurisdiction(s): Louisville, Kentucky
Applicable taxesProperty Tax; Personal Property Tax
Method of abatement: Payment In Lieu of Taxes (PILOT)
Provisions for recapture: (not specified)
Gross revenue loss: $710,353
Reimbursement / offset: $0
Net revenue loss: $710,353
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://louisvilleky.gov/management-budget/document/annual-comprehensive...