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: | Minneapolis |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2018 |
| Program name: | Tax Increment Financing (TIF) |
| Program purpose: | General Economic Development |
| Statutory authority: | Minnesota Statutes § 469.174 |
| Abating jurisdiction(s): | City of Minneapolis |
| Applicable taxes: | Property Tax - TIF |
| Method of abatement: | Tax Increment Financing (TIF) |
| Provisions for recapture: | (N/A - TIF) |
| Gross revenue loss: | $8,795,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $8,795,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://mn.gov/mmb/accounting/reports/annual-comprehensive-financial-rep... |
