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: | Alabama |
| Effected Jurisdiction: | City of Birmingham |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2020 |
| Program name: | Industrial Development Board of Birmingham |
| Program purpose: | General Economic Development |
| Statutory authority: | Amendment 772 of the Constitution of Alabama |
| Abating jurisdiction(s): | Industrial Development Board of Birmingham |
| Applicable taxes: | Non-educational Property Tax and sales/use taxes |
| Method of abatement: | Tax Abatement |
| Provisions for recapture: | some |
| Gross revenue loss: | $2,144,045 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $2,144,045 |
| Type of loss: | Active |
| Additional notes on dislosure: | aggregate obligation is $70 million |
| Document source: | https://data.birminghamal.gov/dataset/comprehensive-annual-financial-rep... |
