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: | Maryland |
Effected Jurisdiction: | Allegany County |
Jurisdiction type: | County |
Fiscal year ending In: | 2019 |
Program name: | Historic Preservation Tax Credit |
Program purpose: | General Economic Development |
Statutory authority: | Section 9-204 of the Tax Property Article of the Annotated Code of Maryland |
Abating jurisdiction(s): | Allegany County/City of Cumberland |
Applicable taxes: | Real Property Tax |
Method of abatement: | Tax Credit |
Provisions for recapture: | no provisions for recapturing |
Gross revenue loss: | $51,760 |
Reimbursement / offset: | $0 |
Net revenue loss: | $51,760 |
Type of loss: | Active |
Additional notes on dislosure: | This is a City of Cumberland program that the County piggybacks on. |