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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.

StateOklahoma
Effected JurisdictionCity of Tulsa
Jurisdiction type: Municipality
Fiscal year ending In2020
Program nameTax Incentive District Number One
Program purpose: General Economic Development
Statutory authority: State’s Local Development Act and under the auspices of City Ordinance 18058, as amended by City Ordinance 19168
Abating jurisdiction(s): Tulsa, Oklahoma
Applicable taxesProperty Tax Property Tax
Method of abatement: Tax reduction
Provisions for recapture: (no provisions for recapture)
Gross revenue loss: $118,000
Reimbursement / offset: $0
Net revenue loss: $118,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.cityoftulsa.org/government/departments/finance/financial-rep...