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: | California |
Effected Jurisdiction: | City of Long Beach |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2018 |
Program name: | Mills Act Property Tax Incentive Program |
Program purpose: | Historic Preservation |
Statutory authority: | State of California Mills Act |
Abating jurisdiction(s): | City of Long Beach |
Applicable taxes: | Property tax |
Method of abatement: | (not specified) |
Provisions for recapture: | Breach of contract results in cancellation and penalty |
Gross revenue loss: | $158,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $158,000 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://www.longbeach.gov/finance/city-budget-and-finances/accounting/co... |