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 or Territory: | Texas |
Effected Jurisdiction: | City of Dallas |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2017 |
Program name: | Tax Increment Financing |
Program purpose: | General Economic Development |
Statutory authority: | Texas Tax Code Chapter 311, "Tax Increment Financing Act." |
Abating jurisdiction(s): | Dallas , Texas |
Applicable taxes: | Real Property Tax |
Method of abatement: | Tax refund |
Provisions for recapture: | TIF incentives may or may not have a recapture provision. Each project is negotiated separately. |
Gross revenue loss: | $11,059,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $11,059,000 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://dallascityhall.com/departments/budget/financialtransparency/Page... |