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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.

StateAlabama
Effected JurisdictionCity of Birmingham
Jurisdiction type: Municipality
Fiscal year ending In2022
Program nameBirmingham Downtown Redevelopment Authority
Program purpose: General Economic Development
Statutory authority: Chapter 54A of Title 11 of the Code of Alabama 1975; Chapter 9B of Title 40 of the Code of Alabama 1975
Abating jurisdiction(s): Birmingham Downtown Redevelopment Authority
Applicable taxesAll,non-educational, sales and use taxes
Method of abatement: Tax Abatement
Provisions for recapture: (not specified)
Gross revenue loss: $1,591,000
Reimbursement / offset: $0
Net revenue loss: $1,591,000
Type of loss: Passive
Additional notes on dislosureThe City makes no representation that this information is correct, complete, or that individual circumstances have not changed subsequent to the application to the Authority for abatements.
Document sourcehttps://data.birminghamal.gov/dataset/comprehensive-annual-financial-rep...