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: | Virginia |
Effected Jurisdiction: | City of Virginia Beach |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2019 |
Program name: | Business License Incentive Program |
Program purpose: | Business attraction/retention/expansion |
Statutory authority: | City Code Chapter 18.202-208 |
Abating jurisdiction(s): | Virginia Beach, Virginia |
Applicable taxes: | Business License Tax |
Method of abatement: | Tax reduction |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $410,812 |
Reimbursement / offset: | $0 |
Net revenue loss: | $410,812 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |