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 Territory: | Florida |
Effected Jurisdiction: | City of Tampa |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2023 |
Program name: | Qualified Target Industry Program |
Program purpose: | General Economic Development |
Statutory authority: | Section 288.106, Florida Statutes. |
Abating jurisdiction(s): | City of Tampa |
Applicable taxes: | Various 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 dislosure: | Because 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 source: | https://www.tampa.gov/document/fy-2023-annual-comprehensive-financial-re... |