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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StateGeorgia
Effected JurisdictionCity of Atlanta
Jurisdiction type: Municipality
Fiscal year ending In2020
Program nameAtlanta Development Authority d/b/a Invest Atlanta
Program purpose: Business attraction/retention/expansion
Statutory authority: Development Authorities Law of the State of Georgia, under Title 36 Chapter 62 of the Official Code of Georgia Annotated
Abating jurisdiction(s): City of Atlanta
Applicable taxesProperty Tax
Method of abatement: Tax Exemption
Provisions for recapture: None
Gross revenue loss: $1,317,761
Reimbursement / offset: $0
Net revenue loss: $1,317,761
Type of loss: Active
Additional notes on dislosureInvest Atlanta can immediately return title to a company for a non-performing project
Document sourcehttps://www.atlantaga.gov/government/departments/finance/controller