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: | Maryland |
Effected Jurisdiction: | City of Gaithersburg |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2020 |
Program name: | Property Tax Abatements |
Program purpose: | General Economic Development |
Statutory authority: | (not specified) |
Abating jurisdiction(s): | Gaithersburg, Maryland |
Applicable taxes: | (not specified) |
Method of abatement: | (not specified) |
Provisions for recapture: | no provisions for recapturing |
Gross revenue loss: | $315,842 |
Reimbursement / offset: | $0 |
Net revenue loss: | $315,842 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://www.gaithersburgmd.gov/home/showpublisheddocument/8164/637407690... |