« Return to search form

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 JurisdictionCity of Riverside
Jurisdiction type: Municipality
Fiscal year ending In2022
Program nameTax Sharing Agreement
Program purpose: General Economic Development
Statutory authority: (not specified)
Abating jurisdiction(s): City of Riverside
Applicable taxesSales Tax
Method of abatement: Tax Rebate
Provisions for recapture: (not specified)
Gross revenue loss: $1,331,000
Reimbursement / offset: $0
Net revenue loss: $1,331,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://riversideca.gov/finance/acfr/PDF/2022%20ACFR.pdf