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 Lubbock |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2021 |
Program name: | Industrial Tax Abatement Program |
Program purpose: | General Economic Development |
Statutory authority: | Chapter 312 of the Texas Local Government Code |
Abating jurisdiction(s): | City of Lubbock |
Applicable taxes: | Property Tax |
Method of abatement: | Tax Abatement |
Provisions for recapture: | In ACFR |
Gross revenue loss: | $631,550 |
Reimbursement / offset: | $0 |
Net revenue loss: | $631,550 |
Type of loss: | Active |
Additional notes on dislosure: | Companies in ACFR, with in depth program description |
Document source: | https://ci.lubbock.tx.us/storage/images/rmX9FF05SUflOwCH8p73vAiLY482M7Wy... |