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: | Massachusetts |
Effected Jurisdiction: | City of Boston |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2020 |
Program name: | Chapter 121A Urban Redevelopment |
Program purpose: | Redevelopment/revitalization |
Statutory authority: | Massachusetts General Laws Chapter 121A |
Abating jurisdiction(s): | City of Boston |
Applicable taxes: | Real and Personal Property Tax |
Method of abatement: | Tax suspension |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $49,262,000 |
Reimbursement / offset: | $32,680,000 |
Net revenue loss: | $16,582,000 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |