Colorado
CO
Adams County
County
2020
Various tax abatement agreements
Business attraction/retention/expansion
Authority of the Board
Adams County
Real Property Tax; Personal Property Tax
Tax Rebate
(not specified)
$388,409
$0
$388,409
(none)
https://adcogov.org/annual-financial-report-afr
639
Colorado
CO
Arapahoe County
County
2020
Various Personal Property Tax Abatement Agreements
General Economic Development
Colorado Revised Statute Sec. 30-11-123.
Arapahoe County
Personal Property Tax
Payment or credit
Yes
$119,684
$0
$119,684
In 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.
https://www.arapahoegov.com/379/Annual-Reports
640
Colorado
CO
City and County of Denver
City/County
2020
Business Incentive Agreements
Business attraction/retention/expansion
Sections 30-11-123 and 31-15-903, CRS, and Chapter 53, Article XVI, DRMC
The City and County of Denver
Personal Property Tax
Tax Credit
Yes
$291,000
$0
$291,000
If at any time after the City grants an incentive tax credit, the City, in its sole discretion determines that Taxpayer did not meet all requirements of sections 30-11-123 and 31-15-903, CRS, Chapter 53, Article XVI, DRMC or other incentive tax credit requirements of the City under section 53-544, DRMC in the tax year for which a credit was granted, Taxpayer agrees that City may issue to Taxpayer a Special Notice of Valuation, and assess and collect from Taxpayer, in the manner provided for in the Colorado Revised Statutes, taxes in the amount of the incentive tax credit for the subject tax year.
https://www.denvergov.org/Government/Agencies-Departments-Offices/Agencies-Departments-Offices-Directory/Department-of-Finance/Financial-Reports/Annual-Comprehensive-Financial-Report
641
Colorado
CO
City and County of Denver
City/County
2020
Various Tax Increment Financing (TIF)
General Economic Development
Sections 30-11-123 and 31-15-903, CRS, and Chapter 53, Article XVI, DRMC
The City and County of Denver
Property Tax
Tax Increment Financing (TIF)
(no provisions for recapture)
$4,074,000
$0
$4,074,000
Abated by DURA. City may issue to Taxpayer a Special Notice of Valuation, and assess and collect from Taxpayer, in the manner provided for in the Colorado Revised Statutes, taxes in the amount of the incentive Tax Credit for the subject tax year.
https://www.denvergov.org/Government/Agencies-Departments-Offices/Agencies-Departments-Offices-Directory/Department-of-Finance/Financial-Reports/Annual-Comprehensive-Financial-Report
642
Colorado
CO
City of Aurora
Municipality
2020
Job Related Tax Abatements
Job Creation/Retention
City Council Ordinance
City of Aurora
Use Tax; Sales Tax; Personal Property Tax
Abatement
Yes
$231,145
$0
$231,145
Only one abatement was paid out in 2020 for $231,145. No other abatements were paid during year 2020 as businesses either did not meet the employment and time requirements or did not submit a rebate request.
https://www.auroragov.org/cms/One.aspx?portalId=16242704&pageId=16401536#Prior%20Year%20Comprehensive%20Annual%20Financial%20Reports
643
Colorado
CO
City of Aurora
Municipality
2020
Various Tax Incentive Agreements
Retail development
City Council Ordinance
City of Aurora
Use Tax; Sales Tax; Personal Property Tax
Abatement
(not specified)
$541,044
$0
$541,044
At December 31, 2020, the city had development incentive agreements with the developers of Pacific Ocean Marketplace Aurora and Aurora Crossing. Total potential allocable revenue is $2,348,349 and paid to date is $541,044.
https://www.auroragov.org/cms/One.aspx?portalId=16242704&pageId=16401536#Prior%20Year%20Comprehensive%20Annual%20Financial%20Reports
644
Colorado
CO
City of Colorado Springs
Municipality
2020
Economic Development Incentives
General Economic Development
City Council
City of Colorado Springs
Sales and Use Tax
Tax Rebate
Refund of excess payment requested
$88,341
$0
$88,341
The City reviews these submissions to verify compliance with the terms of each specific agreement and then issues the payment via check back to the company. The City reserves the right to recapture any payment paid in error and requires the company to return funds when either party becomes aware of an excess payment.
https://coloradosprings.gov/accounting/page/annual-comprehensive-financial-report-acfr
645
Colorado
CO
City of Fort Collins
Municipality
2020
Manufacturer's Use Tax Rebates
General Economic Development
City Code Article II – Tax Refund and Rebate Program, section 25-64.
City of Fort Collins
Sales and Use tax
Tax Rebate
(not specified)
$291,518
$0
$291,518
(none)
https://www.fcgov.com/finance/annual-financial-reports
646
Colorado
CO
City of Lakewood
Municipality
2020
Sales Tax Reimbursement-Stevinson Annexation
General Economic Development
Colorado statutes
City of Lakewood
Sales Tax
Tax Rebate
not specified
$1,582,247
$0
$1,582,247
(none)
https://www.lakewood.org/Government/Departments/Finance
647
Colorado
CO
City of Lakewood
Municipality
2020
Lakewood Reinvestment Authority Agreements (Wal-Mart)
General Economic Development
Colorado statutes
City of Lakewood
Sales and Use Tax
Tax Abatement
not specified
$1,737,616
$0
$1,737,616
Creekside Shopping Center (Wal-Mart)
https://www.lakewood.org/Government/Departments/Finance
648
Colorado
CO
Colorado
State
2020
Colorado Enterprise Zone (EZ) Contribution Tax Credits
Business attraction/retention/expansion
Article 30 of Title 39 of the Colorado Revised Statutes (C.R.S.)
State of Colorado
Business Income Tax
Tax Credit
Income tax return audit conducted by the Department of Revenue
$14,244,700
$0
$14,244,700
(none)
https://osc.colorado.gov/financial-operations/financial-reports/acfr
649
Colorado
CO
Colorado
State
2020
Colorado Enterprise Zone (EZ) Business Tax Credits
Business attraction/retention/expansion
Article 30 of Title 39 of the Colorado Revised Statutes (C.R.S.)
State of Colorado
Business Income Tax
Tax Credit
Income tax return audit conducted by the Department of Revenue
$92,240,300
$0
$92,240,300
Includes: Investment Tax Credit, Commercial Vehicles Investment Tax Credit, Job Training Tax Credit, New Employee Credit, Agricultural Processor New Employee Credit, Employer Sponsored Health Insurance Credit, Research and Development Increase Tax Credit, Vacant Commercial Building Rehabilitation Tax Credit
https://osc.colorado.gov/financial-operations/financial-reports/acfr
650
Colorado
CO
Colorado
State
2020
Job Growth Incentive Tax Credits
Job Creation/Retention
Section 39-22-531 of the Colorado Revised Statutes
State of Colorado
Income Tax
Tax Credit
Income tax return audit conducted by the Department of Revenue
$26,684,100
$0
$26,684,100
(none)
https://osc.colorado.gov/financial-operations/financial-reports/acfr
651
Colorado
CO
Colorado
State
2020
Regional Tourism Act Tax Increment Financing (TIF)
Tourism development
Sections 24-46-301 through 309 of the Colorado Revised Statutes
State of Colorado
Sales Tax
Tax Increment Financing (TIF)
a formal decision by the EDC concluding the project has not commenced within five years
$11,720,300
$0
$11,720,300
(none)
https://osc.colorado.gov/financial-operations/financial-reports/acfr
652
Colorado
CO
Jefferson County
County
2020
Various Business tax Abatement Agreements
Business attraction/retention/expansion
Colorado Revised Statute CRS 30-11-123
Jefferson County
Personal Property Tax
Tax Abatement
(not specified)
$485,855
$0
$485,855
(none)
https://www.jeffco.us/1768/Financial-Reports
653
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