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: 
Oklahoma
Reporting Jurisdiction: 
Oklahoma City
Jurisdiction type
Municipality
Fiscal year ending In: 
2019
Program name: 
Economic Development Project Plan
Program purpose
Economic development (TIF)
Statutory authority
Local Development Act, Title 62 of the Oklahoma Statutes, Sections 850, et seq
Abating jurisdiction(s)
Oklahoma City, Oklahoma
Applicable taxes: 
Property Taxes
Method of abatement
(not specified)
Provisions for recapture
(not specified)
Gross revenue loss
$3,666,000
Reimbursement / offset
$0
Net revenue loss
$3,666,000
Type of loss
Active
Additional notes on dislosure: 
(none)