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: 
Michigan
Reporting Jurisdiction: 
Detroit
Jurisdiction type
Municipality
Fiscal year ending In: 
2020
Program name: 
Industrial Facilities Tax (IFT)
Program purpose
Facility expansion
Statutory authority
Act 198 of 1974
Abating jurisdiction(s)
Detroit
Applicable taxes: 
Property Tax
Method of abatement
(data not yet retrieved)
Provisions for recapture
(not specified)
Gross revenue loss
$646,351
Reimbursement / offset
$0
Net revenue loss
$646,351
Type of loss
Active
Additional notes on dislosure: 
(none)