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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

Kentucky 2017 Revenue Lost to Tax Abatement Programs


Total Revenue Lost: 
$176,449,207
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
KY Busines Investment Job Creation $24,448,000
KY Film Industry Tax Credits Economic development $8,526,000
KY Indust Dev Act Job Creation $10,091,000
KY Indust Revitalization Act Job Creation $8,471,000
KY Job Development Act Job Creation $6,824,000
KY Reinvestment Fund Job Creation $8,709,000
KY Rural Econ Dev Act Job Creation $38,945,000
Other Economic Incentives Economic development $28,302,000
Tax Increment Financing (TIF) Economic development $8,292,000
Tax Increment Financing (TIF) Economic development $852,000
Tax Increment Financing (TIF) Economic development $13,545,000
TABULATED STATE-LEVEL TOTAL $157,005,000

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 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: 3 out of 173 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 KY. 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.

Why is there little or no reporting from school districts?: Kentucky shields school districts' revenues from tax increment financing (TIF). GASB has not specified whether industrial development bonds (IDBs) count as tax abatements.

Local government / school district financial audits are posted here.

Reporting Jurisdiction Jurisdiction Type Gross Revenue Losssort icon
Louisville-Jefferson County Municipality $12,549,576
Bowling Green Municipality $3,303,336
Lexington-Fayette Urban County Municipality $1,043,738
Paducah Municipality $828,212
Elizabethtown Municipality $791,269
Covington Municipality $513,994
Winchester Municipality $376,733
Daviess County County $23,311
Danville Municipality $11,938
Pineville Municipality $2,100
Owensboro Municipality $0
Berea Municipality $0
TABULATED LOCALITY AND DISTRICT TOTAL $19,444,207