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 Austin |
Jurisdiction type:![]() | Municipality |
Fiscal year ending In: | 2022 |
Program name: | Chapter 380 Performance Based Economic Development Incentive Program |
Program purpose:![]() | General Economic Development |
Statutory authority:![]() | Chapter 380 of the Texas Local Government Code |
Abating jurisdiction(s):![]() | Austin, Texas |
Applicable taxes: | property taxes, sales taxes |
Method of abatement:![]() | Tax Abatement |
Provisions for recapture:![]() | (not specified) |
Gross revenue loss:![]() | $2,555,000 |
Reimbursement / offset:![]() | $0 |
Net revenue loss:![]() | $2,555,000 |
Type of loss:![]() | Active |
Additional notes on dislosure: | 4 agreements |
Document source: | https://assets.austintexas.gov/financeonline/downloads/annual_comprehens... |