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: | California |
| Effected Jurisdiction: | City of Los Angeles |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2023 |
| Program name: | Mills Act Historical Property Agreements |
| Program purpose: | Historic Preservation |
| Statutory authority: | State Government Code Section 50280 et seq.: State of California Mills Act |
| Abating jurisdiction(s): | City of Los Angeles |
| Applicable taxes: | Property Tax |
| Method of abatement: | Reduction of assessed value |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $2,200,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $2,200,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | The city paused new applications in fiscal year 2021. Cap of $2.3 million. |
| Document source: | https://controller.lacity.gov/acfr23.pdf |
