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:
Utica Community School District
Jurisdiction type
:
School district

Fiscal year ending In:
2019
Program name:
Industrial Facilities Tax exemptions
Program purpose
:
Construction/rehabilitation

Statutory authority
:
PA 198 of 1974

Abating jurisdiction(s)
:
Various cities and townships in Michigan

Applicable taxes:
Property Tax
Method of abatement
:
Tax exemption

Provisions for recapture
:
(not specified)

Gross revenue loss
:
$1,243,000

Reimbursement / offset
:
$1,021,000

Net revenue loss
:
$222,000

Type of loss
:
Passive

Additional notes on dislosure:
Gross revenue loss, reimbursement/offset, and net revenue loss are all approximate amounts.