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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.

Effected JurisdictionArapahoe County
Jurisdiction type: County
Fiscal year ending In2022
Program nameVarious 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 taxesPersonal Property Tax
Method of abatement: Payment or credit
Provisions for recapture: Yes
Gross revenue loss: $629,323
Reimbursement / offset: $0
Net revenue loss: $629,323
Type of loss: Active
Additional notes on dislosureIn 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 sourcehttps://www.arapahoegov.com/ArchiveCenter/ViewFile/Item/2547