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: 
Flint
Jurisdiction type
Municipality
Fiscal year ending In: 
2020
Program name: 
Industrial Facilities Tax Exemptions
Program purpose
Industrial development
Statutory authority
Plant Rehabilitation and Industrial Development Districts Public Act 198 of 1974
Abating jurisdiction(s)
Flint
Applicable taxes: 
Property Tax
Method of abatement
Tax exemption; Reduction in millage rate
Provisions for recapture
(not specified)
Gross revenue loss
$298,000
Reimbursement / offset
$0
Net revenue loss
$298,000
Type of loss
Active
Additional notes on dislosure: 
(none)