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: | Colorado |
| Effected Jurisdiction: | Jefferson County |
Jurisdiction type: | County |
| Fiscal year ending In: | 2018 |
| Program name: | Various Business tax Abatement Agreements |
| Program purpose: | Business attraction/retention/expansion |
| Statutory authority: | Colorado Revised Statute CRS 30-11-123 |
| Abating jurisdiction(s): | Jefferson County |
| Applicable taxes: | Personal Property Tax |
| Method of abatement: | Tax Abatement |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $763,262 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $763,262 |
| Type of loss: | Active |
| Additional notes on dislosure: | In 2018 the County passed a resolution to discontinue business personal property tax payable to the county general fund beginning with taxes attributable to calendar year 2018 payable in 2019. Because of this a resolution to rescind the policy regard the Business Personal Property Tax Incentive was also passed. No new incentive agreements will be entered into in the future all current agreements will be honored until the end of the agreed upon timeframe. |
| Document source: | https://www.jeffco.us/1768/Financial-Reports |
