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: | Minnesota |
Effected Jurisdiction: | Ramsey County |
Jurisdiction type: | County |
Fiscal year ending In: | 2018 |
Program name: | Passive - Tax Increment Financing (TIF) |
Program purpose: | General Economic Development |
Statutory authority: | MN Statutes Ch 469.174 to 469.1794 (Tax Increment Financing) |
Abating jurisdiction(s): | Various Jurisdictions, see CAFR |
Applicable taxes: | Property Tax |
Method of abatement: | Tax Increment Financing (TIF) |
Provisions for recapture: | (no provisions for recapture) |
Gross revenue loss: | $5,029,611 |
Reimbursement / offset: | $0 |
Net revenue loss: | $5,029,611 |
Type of loss: | Passive |
Additional notes on dislosure: | Jurisdictions abating taxes noting in CAFR |
Document source: | https://www.ramseycounty.us/your-government/budget-finance/past-financia... |