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 San Antonio |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2022 |
| Program name: | Economic Development Incentive Fund (EDIF) Program |
| Program purpose: | General Economic Development |
| Statutory authority: | Chapter 380 of the Texas Local Government Code |
| Abating jurisdiction(s): | City of San Antonio |
| Applicable taxes: | Real and/or Personal Property Tax |
| Method of abatement: | Assessment reduction |
| Provisions for recapture: | Violations for employment of undocumented workers, failure to meet investment requirements, failure to meet and maintain the minimum number of employees, failure to pay property taxes if owed or for refunding agreements, failure to complete project by the agreed upon deadline, events of relocation or cessation of business activities within the term of the agreement, or failure to meet other specified terms of the agreement. |
| Gross revenue loss: | $1,310,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $1,310,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | 4 agreements |
| Document source: | https://www.sanantonio.gov/Portals/0/Files/Finance/FY2022-AnnualComprehe... |
