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: | Minnesota |
| Effected Jurisdiction: | City of St. Cloud |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2022 |
| Program name: | Pay-As-You-Go TIF |
| Program purpose: | General Economic Development |
| Statutory authority: | Minnesota Statute 469 |
| Abating jurisdiction(s): | City of St. Cloud |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax Increment Financing (TIF) |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $287,854 |
| Reimbursement / offset: | $232,414 |
| Net revenue loss: | $55,440 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://ci.stcloud.mn.us/DocumentCenter/View/24889/2022-City-of-St-Cloud... |
