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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 JurisdictionGrand Rapids School District
Jurisdiction type: School District
Fiscal year ending In2019
Program nameCommercial Rehabilitation agreements; Industrial Facilities Tax Exemptions; Brownfield Redevelopment agreements; Neighborhood Enterprise Zone agreements; Obsolete Properties Rehabilitation agreements; New Personal Property agreements; Payment in Lieu of Tax (PILOT) agreements; Property Tax extension agreements; Property Tax Tool and Die agreements; Property Tax Agriculture agreements; Air and Water Pollution agreements
Program purpose: Construction/rehabilitation
Statutory authority: Commercial Rehabilitation Act; PA 198 of 1974; not specified; not specified; Obsolete Properties Rehabilitation Act; PA 328; PA 326 of 1966; not specified
Abating jurisdiction(s): City of Grand Rapids
Applicable taxesProperty Tax Tax; Property Tax
Method of abatement: Tax Exemption; tax diversion; payment in lieu of taxes; not specified
Provisions for recapture: (not specified)
Gross revenue loss: $5,004,551
Reimbursement / offset: $4,394,000
Net revenue loss: $610,551
Type of loss: Passive
Additional notes on dislosureReimbursement/offset and net revenue loss are approximate amounts.