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: | Tennessee |
| Effected Jurisdiction: | Shelby County |
Jurisdiction type: | County |
| Fiscal year ending In: | 2020 |
| Program name: | EDGE Tax Abatements |
| Program purpose: | General Economic Development |
| Statutory authority: | Tennessee Code Annotated Section 7-53-101; 48-101-312 |
| Abating jurisdiction(s): | Economic development Growth Engine Industrial Development Board of the City of Memphis and County of Shelby, Tennessee (EDGE) |
| Applicable taxes: | Property Tax |
| Method of abatement: | Payment In Lieu of Taxes (PILOT) |
| Provisions for recapture: | (no provisions for recapture) |
| Gross revenue loss: | $18,752,302 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $18,752,302 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.shelbycountytn.gov/1311/Comprehensive-Annual-Financial-Reports |
