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2020
Lansing, MI Revenue Losses from Subsidy Programs
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| Program Name | Program Type | Gross Revenue Loss |
Reimbursement / offset |
Net Revenue Loss | Type of Loss |
|---|---|---|---|---|---|
| Brownfield Redevelopment Authority | Brownfields rehabilitation | $889,404 | $0 | $889,404 | Active |
| Commercial Rehabilitation Exemption | Property improvements | $0 | $0 | $0 | Active |
| Industrial Property Tax Abatements | Industrial development | $197,697 | $0 | $197,697 | Active |
| Personal Property Tax Exemptions | Business attraction/retention | $4,086,475 | $0 | $4,086,475 | Active |
| TABULATED TOTAL | $5,173,576 | $0 | $5,173,576 |
