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: | Arapahoe County |
Jurisdiction type: | County |
Fiscal year ending In: | 2019 |
Program name: | Various Personal Property Tax Abatement Agreements |
Program purpose: | General Economic Development |
Statutory authority: | Colorado Revised Statute Sec. 30-11-123. |
Abating jurisdiction(s): | Arapahoe County |
Applicable taxes: | Personal Property Tax |
Method of abatement: | Payment or credit |
Provisions for recapture: | Yes |
Gross revenue loss: | $96,704 |
Reimbursement / offset: | $0 |
Net revenue loss: | $96,704 |
Type of loss: | Active |
Additional notes on dislosure: | In the event of default by the taxpayer, the maximum amount recoverable by the County is the amount of incentive payments paid to the taxpayer under the agreement. |
Document source: | https://www.arapahoegov.com/379/Annual-Reports |