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: | Minnesota |
Jurisdiction type: | State or Territory |
Fiscal year ending In: | 2019 |
Program name: | Border City Enterprise Zones (EZ) |
Program purpose: | General Economic Development (EZ) |
Statutory authority: | Minnesota Statutes 469.166-469.1735 |
Abating jurisdiction(s): | State of Minnesota |
Applicable taxes: | Property Tax |
Method of abatement: | Tax Exemption; Tax Credit |
Provisions for recapture: | Businesses which receive tax abatements that cease to operate within the border city must repay the tax abatement received during the prior two years; other recapture provisions may exist between the border city and the business. |
Gross revenue loss: | $111,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $111,000 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://mn.gov/mmb/accounting/reports/annual-comprehensive-financial-rep... |