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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 Tampa
Jurisdiction type: Municipality
Fiscal year ending In2023
Program nameQualified Target Industry Program
Program purpose: General Economic Development
Statutory authority: Section 288.106, Florida Statutes.
Abating jurisdiction(s): City of Tampa
Applicable taxesVarious Taxes
Method of abatement: Tax refund matching
Provisions for recapture: (N/A - performance-based)
Gross revenue loss: $141,850
Reimbursement / offset: $0
Net revenue loss: $141,850
Type of loss: Active
Additional notes on dislosureBecause QTI payments are paid after compliance requirements have been met, there is no provision for recovering previously made payments. If the participant complied with program requirements only partially, prorated benefits are permitted under certain conditions. Says jobs required and jobs actual in ACFR.
Document sourcehttps://www.tampa.gov/document/fy-2023-annual-comprehensive-financial-re...