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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.

StateTexas
Effected JurisdictionCity of Dallas
Jurisdiction type: Municipality
Fiscal year ending In2017
Program nameTax Increment Financing
Program purpose: General Economic Development
Statutory authority: Texas Tax Code Chapter 311, "Tax Increment Financing Act."
Abating jurisdiction(s): Dallas , Texas
Applicable taxesReal Property Tax
Method of abatement: Tax refund
Provisions for recapture: TIF incentives may or may not have a recapture provision. Each project is negotiated separately.
Gross revenue loss: $11,059,000
Reimbursement / offset: $0
Net revenue loss: $11,059,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://dallascityhall.com/departments/budget/financialtransparency/Page...