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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 Arlington
Jurisdiction type: Municipality
Fiscal year ending In2018
Program nameTax Abatement - Development and Redevelopment
Program purpose: General Economic Development
Statutory authority: Chapter 312 of the Texas Tax Code; City’s Policy Statement for Tax Abatement; VTCA Local Government Code Chapter 380; City’s Chapter 380 Economic Development Programs Policies and Procedures
Abating jurisdiction(s): City of Arlington
Applicable taxesProperty Tax; Sales Tax; Hotel Occupancy Tax
Method of abatement: (not specified)
Provisions for recapture: the agreement enters a breach status, and the City provides a 30-60-day cure period. If the recipient fails to cure the breach, the City may terminate the abatement agreement and recapture any taxes abated per the terms of the agreement
Gross revenue loss: $103,767
Reimbursement / offset: $0
Net revenue loss: $103,767
Type of loss: Active
Additional notes on dislosure(none)