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)
