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: | Texas |
| Effected Jurisdiction: | City of Dallas |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2020 |
| Program name: | Public Private Partnership (PPP) Program |
| Program purpose: | Job Creation/Retention |
| Statutory authority: | Texas Tax Code Chapter 312 |
| Abating jurisdiction(s): | City of Dallas |
| Applicable taxes: | Real and/or Business Personal Tax; Retail Sales Taxes; Hotel Occupancy Tax |
| Method of abatement: | Tax refund |
| Provisions for recapture: | If there is failure to comply with the agreement and in the case of default, all taxes which otherwise would have been paid to the City without the benefit of tax abatement, including interest and penalties thereon, will become a debt to the City and shall become due. |
| Gross revenue loss: | $8,072,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $8,072,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://dallascityhall.com/departments/budget/financialtransparency/Page... |
