Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

State: 
Kentucky
Reporting Jurisdiction: 
Louisville
Jurisdiction type
Municipality
Fiscal year ending In: 
2020
Program name: 
Tax Increment Financing (TIF)
Program purpose
Economic development (TIF)
Statutory authority
Kentucky Revised Statute 65.7041 et seq. and Kentucky Revised Statute 154.30.
Abating jurisdiction(s)
Louisville, Kentucky
Applicable taxes: 
Property Tax; Occupational License Fees
Method of abatement
Tax abatement
Provisions for recapture
(not specified)
Gross revenue loss
$3,106,836
Reimbursement / offset
$0
Net revenue loss
$3,106,836
Type of loss
Active
Additional notes on dislosure: 
(none)