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: 
Denver City and County
Jurisdiction type
Municipality/County
Fiscal year ending In: 
2018
Program name: 
Business Incentive Program
Program purpose
Business attraction/retention
Statutory authority
Sections 30-11-123 and 31-15-903, CRS, and Chapter 53, Article XVI, DRMC
Abating jurisdiction(s)
Denver City and County, Colorado
Applicable taxes: 
Personal Property Tax
Method of abatement
Tax credit
Provisions for recapture
City may issue to Taxpayer a Special Notice of Valuation, and assess and collect from Taxpayer, in the manner provided for in the Colorado Revised Statutes, taxes in the amount of the incentive tax credit for the subject tax year.
Gross revenue loss
$206,000
Reimbursement / offset
$0
Net revenue loss
$206,000
Type of loss
Active
Additional notes on dislosure: 
(none)