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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.

Effected JurisdictionCity of St. Petersburg
Jurisdiction type: Municipality
Fiscal year ending In2021
Program nameQualified Target Industry (QTI) Program
Program purpose: Business attraction/retention/expansion
Statutory authority: Florida Statutes Section 288.106
Abating jurisdiction(s): City of St. Petersburg
Applicable taxesCorporate Tax; Insurance Premium Tax; Sales and Use Tax; Intangible Personal Property Tax; Emergency Excise Tax; Excise Taxes on Documents; Property Tax Tax
Method of abatement: Tax refund
Provisions for recapture: (N/A - performance-based)
Gross revenue loss: $30,875
Reimbursement / offset: $0
Net revenue loss: $30,875
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://cms5.revize.com/revize/stpete/Departments/Finance/Yearly%20Repor...