« Return to search form

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.

StateMichigan
Effected JurisdictionWayne County
Jurisdiction type: County
Fiscal year ending In2019
Program nameNew Personal Property Tax Abatements
Program purpose: Business attraction/retention/expansion
Statutory authority: Public Act 328 of 1998. PA 328
Abating jurisdiction(s): Wayne County, Michigan
Applicable taxesProperty Tax Property Tax
Method of abatement: Tax Exemption
Provisions for recapture: (not specified)
Gross revenue loss: $3,200,000
Reimbursement / offset: $0
Net revenue loss: $3,200,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.waynecounty.com/departments/mb/reports/financial-reporting.aspx