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: | Missouri |
| Effected Jurisdiction: | City of Independence |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2022 |
| Program name: | Chapter 353 Tax Abatement |
| Program purpose: | Property improvements |
| Statutory authority: | Chapter 353 Missouri Statute |
| Abating jurisdiction(s): | City of Independence |
| Applicable taxes: | Real Estate Tax |
| Method of abatement: | Tax Abatement |
| Provisions for recapture: | No recapture provisions as taxes are abated after costs have been incurred or targets have been reached (i.e. performance-based awards). |
| Gross revenue loss: | $84,858 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $84,858 |
| Type of loss: | Active |
| Additional notes on dislosure: | See CAFR for company-specific details |
| Document source: | https://www.ci.independence.mo.us/userdocs/FinanceCityNet/AnnualFinancia... |
