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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.

StateMinnesota
Effected JurisdictionRamsey County
Jurisdiction type: County
Fiscal year ending In2016
Program namePassive - Tax Increment Financing (TIF)
Program purpose: General Economic Development
Statutory authority: MN Statutes Ch 469.174 to 469.1794 (Tax Increment Financing)
Abating jurisdiction(s): Various Jurisdictions, see CAFR
Applicable taxesProperty Tax
Method of abatement: TIF
Provisions for recapture: No
Gross revenue loss: $3,549,512
Reimbursement / offset: $0
Net revenue loss: $3,549,512
Type of loss: Passive
Additional notes on dislosureJurisdictions abating taxes noting in CAFR
Document sourcehttps://www.ramseycounty.us/your-government/budget-finance/past-financia...