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Please note that data are cataloged by fiscal years. For more info see our user guide.

City of Long Beach, CA Revenue Losses from Subsidy Programs

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YearProgram NameProgram TypeGross Revenue LossReimbursement / offsetNet Revenue LossType of Loss sort icon .
2017Retail Sales Tax IncentivesGeneral Economic Development$4,400,000$0$4,400,000Active
2017Transient Occupancy Tax IncentivesGeneral Economic Development$193,000$0$193,000Active
2017Mills Act Prop Tax AbatementsGeneral Economic Development$84,000$0$84,000Active
2018Retail Sales Tax Incentive Program (RSTIP)Retail development$4,300,000$0$4,300,000Active
2018Transient Occupancy Tax (TOT) Incentive AgreementRedevelopment/revitalization$230,000$0$230,000Active
2018Mills Act Property Tax Incentive ProgramHistoric Preservation$158,000$0$158,000Active
TABULATED TOTAL$9,365,000$0$9,365,000