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: | City of Lansing |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2022 |
| Program name: | Industrial Property Tax Abatements |
| Program purpose: | General Economic Development |
| Statutory authority: | Public Act 198 |
| Abating jurisdiction(s): | City of Lansing |
| Applicable taxes: | Real and Personal Property Tax |
| Method of abatement: | Reduction in millage rate |
| Provisions for recapture: | A certificate may be revoked, and taxes recaptured for noncompliance with the terms of the agreement. |
| Gross revenue loss: | $116,162 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $116,162 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://content.civicplus.com/api/assets/4cd7b3da-4b14-446e-be4e-35129d2... |
