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:
Colorado
Reporting Jurisdiction:
Arapahoe County, Colorado
Jurisdiction type
:
County

Fiscal year ending In:
2018
Program name:
Various Property Tax Abatements Agreements
Program purpose
:
Business incentive

Statutory authority
:
Colorado Revised Statute Sec. 30-11-123

Abating jurisdiction(s)
:
Arapahoe County, Colorado

Applicable taxes:
Personal Property Tax
Method of abatement
:
Tax credit

Provisions for recapture
:
In the event of default by the taxpayer, the maximum amount recoverable by the County is the amount of incentive payments paid to the taxpayer under the agreement.

Gross revenue loss
:
$57,840

Reimbursement / offset
:
$0

Net revenue loss
:
$57,840

Type of loss
:
Active

Additional notes on dislosure:
CAFR provided breakdown by unnamed recipients exceeding 10% of total