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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.

State or TerritoryColorado
Effected JurisdictionCity of Lakewood
Jurisdiction type: Municipality
Fiscal year ending In2022
Program nameLakewood Reinvestment Authority Agreements
Program purpose: General Economic Development
Statutory authority: Colorado statutes
Abating jurisdiction(s): City of Lakewood
Applicable taxesSales and Use Tax
Method of abatement: Tax Abatement
Provisions for recapture: not specified
Gross revenue loss: $1,482,206
Reimbursement / offset: $0
Net revenue loss: $1,482,206
Type of loss: Active
Additional notes on dislosureCreekside Shopping Center (Wal-Mart); Belmar
Document sourcehttps://www.lakewood.org/files/assets/public/finance/pdfs/2022-acfr-secu...