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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.

StateNew York
Effected JurisdictionNew York City
Jurisdiction type: Municipality
Fiscal year ending In2018
Program nameSolar Electric Generating System (SEGS) Abatement Programs
Program purpose: Energy production
Statutory authority: NYC Administrative Code: Title 11, Chapter 6, Subchapter 3, Part 4, Section 11-643.9, 11-1105.211-1105.3
Abating jurisdiction(s): City of New York
Applicable taxesReal Property Tax
Method of abatement: Reduction of assessed value; Tax Credit
Provisions for recapture: (not specified)
Gross revenue loss: $11,200,000
Reimbursement / offset: $0
Net revenue loss: $11,200,000
Type of loss: Active
Additional notes on dislosure(none)