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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.

StateMinnesota
Effected JurisdictionCity of St. Cloud
Jurisdiction type: Municipality
Fiscal year ending In2021
Program namePay-As-You-Go TIF
Program purpose: General Economic Development
Statutory authority: Minnesota Statute 469
Abating jurisdiction(s): City of St. Cloud
Applicable taxesProperty Tax
Method of abatement: Tax Increment Financing (TIF)
Provisions for recapture: (not specified)
Gross revenue loss: $368,884
Reimbursement / offset: $581,729
Net revenue loss: $0
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://ci.stcloud.mn.us/DocumentCenter/View/23300/2021-City-of-St-Cloud...