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Tax Break Tracker Individual Entry

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.

Effected JurisdictionCity of Hartford
Jurisdiction type: Municipality
Fiscal year ending In2017
Program nameLow-Income Housing Abatements
Program purpose: Low-Income Housing
Statutory authority: Section 8-215 of the Connecticut General Statutes (CGS) and Section 32-12 of the Hartford Municipal Code
Abating jurisdiction(s): City of Hartford
Applicable taxesProperty Tax
Method of abatement: Multiple
Provisions for recapture: None
Gross revenue loss: $3,785,000
Reimbursement / offset: $0
Net revenue loss: $3,785,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.hartfordct.gov/Government/Departments/Finance/Accounting-Con...