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: 
Missouri
Reporting Jurisdiction: 
Independence
Jurisdiction type
Municipality
Fiscal year ending In: 
2019
Program name: 
Chapter 353 (Independence Square)
Program purpose
Property improvements
Statutory authority
Chapter 353 Missouri Statute
Abating jurisdiction(s)
City of Independence
Applicable taxes: 
Real Estate Tax
Method of abatement
Tax abatement
Provisions for recapture
No recapture provisions as taxes are abated after costs have been incurred or targets have been reached (i.e. performance-based awards).
Gross revenue loss
$19,144
Reimbursement / offset
$0
Net revenue loss
$19,144
Type of loss
Active
Additional notes on dislosure: 
(none)