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: | Hillsborough County |
Jurisdiction type: | County |
| Fiscal year ending In: | 2023 |
| Program name: | Ad Valorem Property Tax Exemption Program |
| Program purpose: | Capital investment |
| Statutory authority: | County Ordinance 11-1 as amended by County Ordinance 17-27 |
| Abating jurisdiction(s): | Hillsborough County |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax Exemption |
| Provisions for recapture: | The County makes tax abatement payments after determining that program requirements are met. If a participant does not comply with all requirements, partial benefits are not permitted. |
| Gross revenue loss: | $262,059 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $262,059 |
| Type of loss: | Active |
| Additional notes on dislosure: | Breakdown by recipients provided: Advanced Airfoil Components, LLC; New South Window Solutions, LLC; Materials Lifecycle/NuCycle Energy. Reported the number of new jobs promised and the amount of capital investment expected |
| Document source: | https://www.hillsclerk.com/records-and-reports/financial-reports-county |
