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: | Lexington-Fayette |
Jurisdiction type: | City/County |
Fiscal year ending In: | 2023 |
Program name: | Commonwealth Participation Program for Mixed Use Redevelopment in Blighted Urban Areas |
Program purpose: | General Economic Development |
Statutory authority: | KRS 65.7049(3) |
Abating jurisdiction(s): | Lexington-Fayette, Kentucky |
Applicable taxes: | realty, business returns, and employee withholdings |
Method of abatement: | Tax Increment Financing (TIF) |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $761,484 |
Reimbursement / offset: | $0 |
Net revenue loss: | $761,484 |
Type of loss: | Active |
Additional notes on dislosure: | ACFR notes amounts are for FY 2022 |
Document source: | https://drive.google.com/file/d/1IjgY_ERF3osAwGI-AqBvU6Xqg3RfkLsR/view |