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: | 2023 |
| 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: | Income Tax; Corporate Taxes |
| Method of abatement: | Tax Abatement |
| 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: | $337,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $337,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://mn.gov/mmb/assets/2023%20-%20ACFR%20Final%20accessible_tcm1059-6... |
