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: | Alabama |
| Effected Jurisdiction: | City of Huntsville |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2022 |
| Program name: | Property Tax Abatements |
| Program purpose: | General Economic Development |
| Statutory authority: | Section 40-9B et seq., Code of Alabama 1975 |
| Abating jurisdiction(s): | Huntsville |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax Abatement |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $6,700,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $6,700,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | The property tax abatements were split between Madison County at $1.9 million, and Limestone County at $4.8 million. |
| Document source: | https://www.huntsvilleal.gov/wp-content/uploads/2023/07/Annual-Comprehen... |
