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2019
Bedford Park, IL Revenue Losses from Subsidy Programs
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| Program Name | Program Type | Gross Revenue Loss | Reimbursement / offset | Net Revenue Loss | Type of Loss |
|---|---|---|---|---|---|
| Class 6b | Construction/rehabilitation; Industrial development | $5,000,000 | $0 | $5,000,000 | Passive |
| Sales Tax Revenue Sharing Agreement | Economic development | $693,972 | $0 | $693,972 | Active |
| Tax Increment Financing (TIF) | Urban redevelopment | $0 | $0 | $0 | Active |
| Tax Increment Financing (TIF) | Urban redevelopment | not reported | not reported | not reported | Active |
| Tax Increment Financing (TIF) | Urban redevelopment | not reported | not reported | not reported | |
| Tax Increment Financing (TIF) | Urban redevelopment | not reported | not reported | not reported | |
| Tax Increment Financing (TIF) | Urban redevelopment | not reported | not reported | not reported | |
| Tax Increment Financing (TIF) | Urban redevelopment | $0 | $0 | $0 | |
| Tax Increment Financing (TIF) Revenue Sharing Agreement | Economic development | not reported | not reported | not reported | Active |
| Tax Increment Financing (TIF) Sales Tax Revenue Sharing Agreement | Property improvements | not reported | not reported | not reported | |
| TABULATED TOTAL | $5,693,972 | $0 | $5,693,972 |
