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: | 2022 |
| 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: | $612,317 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $612,317 |
| 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/aDa1hsRhIHBzu17DBOF36FQcY64PCshG... |
