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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 JurisdictionSt Paul
Jurisdiction type: Municipality
Fiscal year ending In2020
Program nameTax Increment Financing Districts
Program purpose: General Economic Development
Statutory authority: (data not yet retrieved)
Abating jurisdiction(s): St Paul
Applicable taxesProperty Tax
Method of abatement: TIF
Provisions for recapture: (not specified)
Gross revenue loss: not reported
Reimbursement / offset: not reported
Net revenue loss: not reported
Type of loss: Active
Additional notes on dislosureNo liability is recognized at December 31, 2020, since all scheduled note payments have been made from the available tax increment.
Document sourcehttps://www.bloomingtonmn.gov/fin/financial-reports