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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.

Effected JurisdictionJefferson County
Jurisdiction type: County
Fiscal year ending In2018
Program nameVarious 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 taxesPersonal 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 dislosureIn 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 sourcehttps://www.jeffco.us/1768/Financial-Reports