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4 - Tax Abatement Levy
City of Otsego Property Taxes Tax Abatements Revised: May 22, 2017 Remaining Maturity Maximum Description Date Abatement 2017 2018 2019 2020 2021 2022 Boondox 12/31/2015 10,600.00 Gateway North - 2nd Addition 12/31/2017 160,000.00 Gateway North - 3rd Addition 12/31/2022 340,000.00 Family Speech&Therapy Services 12/31/2019 25,000.00 Remaining Projections Remaining Abatement 2017 2018 2019 2020 2021 2022 Abatement 48,682.09 277,721.58 12,811.68 14,904.23 61,620.03 4,712.57 - 60,833.84 4,712.57 - - - 62,050.52 63,291.53 29,925.66 3,386.54 - - 33,777.86 0.00 (0.00) 81,236.83 65,546.42 65,437.06 63,291.53 29,925.66 Actual Levy over/ (Under) 81,385.00 148.17 X:\Taxes & Assessments\Tax Abatements\Tax Abatement Tracking Summary