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Tax Abatement Constraints <br />• If Tax Abatement Bonds issued - principal may not <br />exceed the estimated sum of total abatements <br />• Maximum aggregate annual abatement for any taxing <br />entity is the greater of: <br />- 10% of the net tax capacity or $200,000 <br />• Maximum parcel abatement is subdivision's tax rate <br />times net tax capacity of parcel <br />Public Sector Advisors <br />Springsted <br />