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: | Nebraska |
Effected Jurisdiction: | City of Omaha |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2020 |
Program name: | Tax Increment Financing (TIF) Program |
Program purpose: | General Economic Development (TIF) |
Statutory authority: | Nebraska Statute Article 21, Section 18-2101 - 2144 |
Abating jurisdiction(s): | City of Omaha |
Applicable taxes: | Property Tax |
Method of abatement: | Tax Rebate |
Provisions for recapture: | (N/A - TIF) |
Gross revenue loss: | $7,706,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $7,706,000 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://finance.cityofomaha.org/ |