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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.

Effected JurisdictionCity of Corpus Christi
Jurisdiction type: Municipality
Fiscal year ending In2021
Program nameChapter 380 Agreements
Program purpose: General Economic Development
Statutory authority: Chapter 380 of the Texas Tax Code
Abating jurisdiction(s): City of Corpus Christi
Applicable taxesProperty Tax; Sales Tax
Method of abatement: Tax Abatement
Provisions for recapture: (not specified)
Gross revenue loss: $677,278
Reimbursement / offset: $0
Net revenue loss: $677,278
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www-cdn.cctexas.com/sites/default/files/ACFR%20Final%20with%20co...