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 15