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: 
Rudyard Area School District
Jurisdiction type
School district
Fiscal year ending In: 
2019
Program name: 
Industrial Facilities Tax exemptions
Program purpose
Construction/rehabilitation
Statutory authority
Plant Rehabilitation and Industrial Development Districts Act, PA 198 of 1974, as amended
Abating jurisdiction(s)
Chippewa County; Mackinac County
Applicable taxes: 
Ad Valorem Tax
Method of abatement
Tax exemption
Provisions for recapture
The agreements entered into by each local unit include claw back provisions should the recipient of the tax abatement fail to fully meet its commitments, such as employment levels and timelines for relocation.
Gross revenue loss
$2,345
Reimbursement / offset
$0
Net revenue loss
$2,345
Type of loss
Passive
Additional notes on dislosure: 
Gross/net revenue loss an approximate amount.