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Tax Break Tracker Individual Entry

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.

StateGeorgia
Effected JurisdictionCity of Valdosta
Jurisdiction type: Municipality
Fiscal year ending In2021
Program nameVarious Agreements
Program purpose: General Economic Development
Statutory authority: (not specified)
Abating jurisdiction(s): City of Valdosta; Lowndes County
Applicable taxesProperty Tax
Method of abatement: Tax Abatement
Provisions for recapture: (not specified)
Gross revenue loss: $14,625
Reimbursement / offset: $0
Net revenue loss: $14,625
Type of loss: Active
Additional notes on dislosureThe City is subject to tax abatements granted by the Valdosta-Lowndes Development Authority, an entity created by the City of Valdosta and Lowndes County. Breakdown by company in ACFR.
Document sourcehttps://www.valdostacity.com/sites/default/files/uploads/depts/finance/c...