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: | Michigan |
Effected Jurisdiction: | Oakland County |
Jurisdiction type: | County |
Fiscal year ending In: | 2020 |
Program name: | Property Property Tax Exemptions |
Program purpose: | General Economic Development |
Statutory authority: | Act 328 of 1998, as amended by PA 20 of 1999 |
Abating jurisdiction(s): | Various local governments within Oakland County, Michigan |
Applicable taxes: | Personal Property Tax |
Method of abatement: | Tax Exemption |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $705,415 |
Reimbursement / offset: | $0 |
Net revenue loss: | $705,415 |
Type of loss: | Passive |
Additional notes on dislosure: | (none) |
Document source: | https://www.oakgov.com/mgtbud/budgets-reports/Pages/annual-financial.aspx |