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2019 | 2018
Louisville, KY Revenue Losses from Subsidy Programs
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|Program Name||Program Type||Gross Revenue Loss||Reimbursement / offset||Net Revenue Loss||Type of Loss|
|Churchill Downs Incorporated Project (Industrial Revenue Bonds)||Construction/rehabilitation||$53,935||$0||$53,935||Active|
|Kentucky Jobs Retention Act (KJRA); Kentucky Business Investment (KBI) Program; Kentucky Industrial Revitalization Act (KIRA)||Job retention; capital investment; agricultural development||$6,591,340||$0||$6,591,340||Active|
|Manufacturing Tax Moratorium||Manufacturing development||$117,278||$0||$117,278||Active|
|Property Assessment/Reassessment Moratorium||Construction/rehabilitation||$519,422||$0||$519,422||Active|
|Tax Increment Financing (TIF)||Economic development (TIF)||$5,414,309||$0||$5,414,309||Active|