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Please note that data are cataloged by fiscal years -- you can switch to different years using the links below. For more info see our user guide.

2020 | 2019 | 2018 | 2017 | 2016

Colorado 2017 Revenue Lost to Tax Abatement Programs


Total Revenue Lost: 
$237,969,215
Download results as CSV or XML

State-level programs

Click on the name of a program for more details.

Program Name Program Typesort icon Revenue Loss
CO Enterprise Zone Business Tax Credits Economic development $67,023,000
CO Enterprise Zone Contribution Tax Credits Economic development $14,711,000
Job Growth Incentive Tax Credits Job Creation $12,619,000
Regional Tourism Act (TIF) Tourism development $4,766,000
TABULATED STATE-LEVEL TOTAL $99,119,000

Tabulated localities and districts

Click on the name of jurisdiction for a list of tax abatement programs that reduced its tax revenue.

We estimated the reporting rate among local governments for each state using 2018 and 2019 data. This is to gauge how much data is available in that state.

For Colorado, the estimated reporting rate is as follows:

Cities/counties: 28 out of 68 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.

School districts: 1 out of 93 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.

Concerned about the lack of disclosure? Check out the roadmap on GASB 77 compliance we created for CO. You can also get a CSV file of the localities in CO that did not make any tax abatement disclosures in their annual financial reports.

Why is there little or no reporting from school districts?: Colorado relies on tax increment financing (TIF) for economic development; certain type of revenue diversions should be but are not currently covered by GASB 77.

The state does not post local financial audits in an online repository.

Reporting Jurisdiction Jurisdiction Typesort icon Gross Revenue Loss
Adams County County $57,370
Arapahoe County County $54,402
Douglas County County $850,251
Arvada Municipality $9,201,500
Aurora Municipality $6,713,401
Boulder Municipality $84,309
Colorado Springs Municipality $790,349
Denver Municipality $106,899,713
Fort Collins Municipality $875,443
Lakewood Municipality $3,403,939
Broomfield City and County Municipality/County $9,325,139
Denver City and County Municipality/County $250,000
St Vrain Valley School District Re-1J School district $344,399
TABULATED LOCALITY AND DISTRICT TOTAL $138,850,215