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: | Georgia |
| Effected Jurisdiction: | City of Atlanta |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2018 |
| Program name: | Atlanta Development Authority d/b/a Invest Atlanta |
| Program purpose: | Business attraction/retention/expansion |
| Statutory authority: | Development Authorities Law of the State of Georgia, under Title 36 Chapter 62 of the Official Code of Georgia Annotated |
| Abating jurisdiction(s): | City of Atlanta |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax Exemption |
| Provisions for recapture: | (no provisions for recapture) |
| Gross revenue loss: | $523,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $523,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | Invest Atlanta can immediately return title to a company for a non-performing project |
| Document source: | https://www.atlantaga.gov/government/departments/finance/controller |
