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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.

StateTennessee
Effected JurisdictionCity of Chattanooga
Jurisdiction type: Municipality
Fiscal year ending In2017
Program nameCommercial and Industrial Development
Program purpose: General Economic Development
Statutory authority: (not specified)
Abating jurisdiction(s): Chattanooga, Tennessee
Applicable taxesProperty Tax
Method of abatement: Payment In Lieu of Taxes (PILOT)
Provisions for recapture: Yes; not specified
Gross revenue loss: $9,376,318
Reimbursement / offset: $0
Net revenue loss: $9,376,318
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://chattanooga.gov/finance/finance-division/acfr