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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.

2019 | 2018 | 2017 | 2016

Kentucky 2019 Revenue Lost to Tax Abatement Programs


Population in 2019 : not available
Total Revenue Lost: 
$218,316,118

Concerned about the lack of disclosure? We have created institutional schematics for the implementation of GASB Statement No. 77 on Tax Abatement Disclosures in the 50 states and DC: Learn who's in charge of compliance in our ROADMAP PROJECT. You can also get a CSV file of the localities in KY that did not make any tax abatement disclosures in their annual financial reports.

Download results as CSV or XML

State-level programs

Click on the name of a program for more details.

Program Name Program Type Revenue Loss
Kentucky Business Investment (KBI) Business expansion $30,016,000
Kentucky Film Industry Tax Credit Film production $12,571,000
Kentucky Industrial Development Act (KIDA) Manufacturing expansion not reported
Kentucky Industrial Revitalization Act (KIRA) Industrial development not reported
Kentucky Jobs Development Act (KJDA Job creation not reported
Kentucky Reinvestment Act (KRA) Manufacturing expansion not reported
Kentucky Rural Economic Development Act (KREDA) Manufacturing expansion $25,432,000
Kentucky Tourism Development Act Tourism development $6,281,000
Tax Increment Financing (TIF) Economic development (TIF) $32,416,000
Various Other Incentives (below reporting threshold) Economic development $10,000,000
Various Other Incentives (confidential) Economic development $69,083,000
TABULATED STATE-LEVEL TOTAL $185,799,000

Tabulated localities and districts

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

Reporting Jurisdiction Jurisdiction Type Gross Revenue Loss
Bowling Green Municipality $17,840,330
Covington Municipality $531,954
Lexington-Fayette Municipality $1,448,550
Louisville Municipality $12,696,284
TABULATED LOCALITY AND DISTRICT TOTAL $32,517,118

Local government reporting rate

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

For Kentucky, the estimated reporting rate is as follows:

Cities/counties: 7 out of 23 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.

School districts: 4 out of 156 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.