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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 JurisdictionCity of Riverside
Jurisdiction type: Municipality
Fiscal year ending In2018
Program nameSales and Property Tax Abatement
Program purpose: General Economic Development
Statutory authority: (not specified)
Abating jurisdiction(s): City of Riverside, California
Applicable taxesSales Tax; Property Tax
Method of abatement: Tax Rebate
Provisions for recapture: (not specified)
Gross revenue loss: $327,000
Reimbursement / offset: $0
Net revenue loss: $327,000
Type of loss: Active
Additional notes on dislosureCity reports that it has abatement agreement with one business, but fails to disclose annual cost, only saying that since 2013, cumulative abatements total $327,000