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: | Utica Community School District |
Jurisdiction type: | School District |
| Fiscal year ending In: | 2023 |
| Program name: | Industrial Facilities Tax Exemptions |
| Program purpose: | Construction/Rehabilitation |
| Statutory authority: | PA 198 of 1974 |
| Abating jurisdiction(s): | Various cities and townships within the boundaries of the school district |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax Exemption |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $3,622,600 |
| Reimbursement / offset: | $1,568,590 |
| Net revenue loss: | $2,054,010 |
| Type of loss: | Passive |
| Additional notes on dislosure: | Offsetting revenue is from state-aid formula |
| Document source: | https://www.uticak12.org/cms/lib/MI50010997/Centricity/Domain/536/2022-2... |
