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: | Missouri |
Effected Jurisdiction: | City of Independence |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2019 |
Program name: | Tax Increment Financing (TIF) |
Program purpose: | General Economic Development |
Statutory authority: | Missouri Statuate 99.800 thorugh 99.865 |
Abating jurisdiction(s): | City of Independence |
Applicable taxes: | Real Estate Tax; Sales Tax |
Method of abatement: | Tax Increment Financing (TIF) |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $8,132,808 |
Reimbursement / offset: | $0 |
Net revenue loss: | $8,132,808 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://issuu.com/cityofindepmo/docs/2018-19_acfr?fr=xKAE9_zU1NQ |