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: | Georgia |
Effected Jurisdiction: | City of Valdosta |
Jurisdiction type:![]() | Municipality |
Fiscal year ending In: | 2022 |
Program name: | Various Agreements |
Program purpose:![]() | General Economic Development |
Statutory authority:![]() | (not specified) |
Abating jurisdiction(s):![]() | City of Valdosta; Lowndes County |
Applicable taxes: | Property Tax |
Method of abatement:![]() | Tax Abatement |
Provisions for recapture:![]() | (not specified) |
Gross revenue loss:![]() | $16,430 |
Reimbursement / offset:![]() | $0 |
Net revenue loss:![]() | $16,430 |
Type of loss:![]() | Active |
Additional notes on dislosure: | The 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 source: | https://www.valdostacity.com/sites/default/files/uploads/depts/finance/f... |