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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.

Effected JurisdictionFulton County
Jurisdiction type: County
Fiscal year ending In2020
Program nameLocal Enterprise Zone Program
Program purpose: General Economic Development
Statutory authority: O.C.G.A 36-88-8(a)(1) and Fulton County Code of Ordinances Sec. 118-101
Abating jurisdiction(s): Fulton County, Georgia
Applicable taxesProperty Tax Taxes
Method of abatement: Tax Exemption
Provisions for recapture: Failure to maintain the incentive qualification will result in revocation and recapture of all incentives granted prior to the expiration of the incentive term
Gross revenue loss: $443,000
Reimbursement / offset: $0
Net revenue loss: $443,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.fultoncountyga.gov/inside-fulton-county/fulton-county-depart...