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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.

StateAlabama
Reporting JurisdictionCity of Mobile
Jurisdiction type: Municipality
Fiscal year ending In2019
Program nameVarious Abatement Programs - IDB
Program purpose: General Economic Development
Statutory authority: Amendment 772 of the Constitution of Alabama.
Abating jurisdiction(s): Industrial Development Board of the City of Mobile, AL
Applicable taxesProperty Tax
Method of abatement: Tax Abatement
Provisions for recapture: (not specified)
Gross revenue loss: $643,120
Reimbursement / offset: $0
Net revenue loss: $643,120
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.cityofmobile.org/business/financials/