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: | Colorado |
| Effected Jurisdiction: | City and County of Denver |
Jurisdiction type: | City/County |
| Fiscal year ending In: | 2018 |
| Program name: | Various Tax Increment Financing (TIF) |
| Program purpose: | General Economic Development |
| Statutory authority: | Sections 30-11-123 and 31-15-903, CRS, and Chapter 53, Article XVI, DRMC |
| Abating jurisdiction(s): | The City and County of Denver |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax Increment Financing (TIF) |
| Provisions for recapture: | (no provisions for recapture) |
| Gross revenue loss: | $19,234,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $19,234,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | Abated by DURA. City may issue to Taxpayer a Special Notice of Valuation, and assess and collect from Taxpayer, in the manner provided for in the Colorado Revised Statutes, taxes in the amount of the incentive Tax Credit for the subject tax year. |
| Document source: | https://www.denvergov.org/Government/Agencies-Departments-Offices/Agenci... |
