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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.

State or TerritoryMissouri
Effected JurisdictionCity of Kansas City
Jurisdiction type: Municipality
Fiscal year ending In2019
Program nameSale/Leaseback - LCRA
Program purpose: Construction/rehabilitation
Statutory authority: Sections 99.300 - 99.660 RSMo, et. seq.
Abating jurisdiction(s): Kansas City, Missouri
Applicable taxesProperty Tax
Method of abatement: Tax Exemption
Provisions for recapture: (not specified)
Gross revenue loss: $233,000
Reimbursement / offset: $3,000
Net revenue loss: $230,000
Type of loss: Active
Additional notes on dislosureProvided breakdown by type of taxes
Document sourcehttps://drive.google.com/drive/folders/1AMRH4z6Mbjr6LRmEcOFiYUfkaZ-An4CT