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2021-0001HILLSBOROUGH COUNTY · LOCALSession 2021local legislationUNKNOWN
Local Impact

Historic Tax Exemption for 210-220 E. Madison Street

Original title: 2021-0001: Tampa Approves Historic Tax Exemption

January 15, 2021

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The Frame

What this does

The city will forgo approximately $84,416.33 in property tax revenue for the 2021 as a result of this tax exemption.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

City of Tampa

The city will experience a reduction in ad valorem tax revenue of approximately $84,416.33 for the 2021 fiscal year.

Owner of 210-220 E. Madison Street

The property owner is granted a tax exemption for improvements made to the historic building.

What changed

Last recorded activity January 15, 2021.

What's next

Next step not available in the current record.

Summary

The City of Tampa has approved a property tax exemption for the commercial building located at 210-220 E. Madison Street. This exemption is granted in recognition of historic preservation improvements made to the property.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Why is this property receiving a tax exemption?
The property is receiving the exemption because it is a locally designated Historic Landmark and improvements were made to the building.
How much tax revenue will the city lose?
The estimated loss of revenue for 2021 is $84,416.33.

Why It Matters

The city will forgo approximately $84,416.33 in property tax revenue for the 2021 as a result of this tax exemption.

News Coverage

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Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

financial connection100% confidence

Tax Revenue Impact

The document explicitly quantifies the fiscal impact of a single historic preservation incentive at $84,416.33.

Connected Entities

locationTampaCity where the property is locatedMap →
location210-220 E. Madison StreetAddress of the propertyMap →
otherFolio 193493.0000Property record folioMap →
organizationHistoric LandmarkDesignation of the buildingMap →

Sources

Analysis Score

0–100
  • Significance40
    How much this matters to a regular citizen
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz10
    Current news / social attention level

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