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: | Michigan |
| Effected Jurisdiction: | Grand Rapids School District |
Jurisdiction type: | School District |
| Fiscal year ending In: | 2019 |
| Program name: | Commercial Rehabilitation agreements; Industrial Facilities Tax Exemptions; Brownfield Redevelopment agreements; Neighborhood Enterprise Zone agreements; Obsolete Properties Rehabilitation agreements; New Personal Property agreements; Payment in Lieu of Tax (PILOT) agreements; Property Tax extension agreements; Property Tax Tool and Die agreements; Property Tax Agriculture agreements; Air and Water Pollution agreements |
| Program purpose: | Construction/rehabilitation |
| Statutory authority: | Commercial Rehabilitation Act; PA 198 of 1974; not specified; not specified; Obsolete Properties Rehabilitation Act; PA 328; PA 326 of 1966; not specified |
| Abating jurisdiction(s): | City of Grand Rapids |
| Applicable taxes: | Property Tax Tax; Property Tax |
| Method of abatement: | Tax Exemption; tax diversion; payment in lieu of taxes; not specified |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $5,004,551 |
| Reimbursement / offset: | $4,394,000 |
| Net revenue loss: | $610,551 |
| Type of loss: | Passive |
| Additional notes on dislosure: | Reimbursement/offset and net revenue loss are approximate amounts. |
