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: | Kent County |
Jurisdiction type: | County |
Fiscal year ending In: | 2022 |
Program name: | Brownfield Redevelopment Agreements |
Program purpose: | Job Creation/Retention |
Statutory authority: | Brownfield Redevelopment Act, PA 381 of 1996 |
Abating jurisdiction(s): | Kent County, Michigan |
Applicable taxes: | Property Tax |
Method of abatement: | Tax Exemption, TIF |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $1,514,692 |
Reimbursement / offset: | $0 |
Net revenue loss: | $1,514,692 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://www.accesskent.com/Departments/FiscalServices/pdfs/2022/Annual-C... |