Will the City’s Tax Abatement Program lower my assessed value if I don’t make any improvements?
No, you must make improvements that will achieve an assessed value increase as indicated within the policy (you must increase the actual value of the property by at least 20%) and you must comply with all applicable regulations including the requirement to get a building permit.

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1. What is the difference between Urban Revitalization Plan and Tax Abatement?
2. Who determines the amount of value that was added as part of my improvements?
3. Will the City’s Tax Abatement Program lower my assessed value if I don’t make any improvements?
4. How will I know if I am approved for the Tax Abatement Program?
5. Why are properties located within an Urban Renewal Area not eligible for the City’s Tax Abatement Program?
6. Who do I contact to find out if I was approved for the program or not?
7. I forgot to file my paperwork by February 1st of the first assessment year is there anything I can do to still get the abatement?