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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.

State or TerritoryFlorida
Effected JurisdictionCity of Jacksonville
Jurisdiction type: Municipality
Fiscal year ending In2018
Program nameQualified Target Industry
Program purpose: General Economic Development
Statutory authority: Florida Statute 288.106 Tax refund program for qualified target industry businesses
Abating jurisdiction(s): City of Jacksonville
Applicable taxesCorporate Income Tax; Sales Tax; Property Tax Tax; Insurance Premium Tax; Intangible Personal Property Tax; Excise Tax; State Communication Service Tax
Method of abatement: (not specified)
Provisions for recapture: (N/A - performance-based)
Gross revenue loss: $523,810
Reimbursement / offset: $0
Net revenue loss: $523,810
Type of loss: Active
Additional notes on dislosure(none)