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: | Alabama |
| Effected Jurisdiction: | City of Mobile |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2023 |
| Program name: | Various Abatement Programs - IDB |
| Program purpose: | General Economic Development |
| Statutory authority: | Code of Alabama, Section 40-9B-4 |
| Abating jurisdiction(s): | Industrial Development Board of the City of Mobile, AL |
| Applicable taxes: | Sales & Use Transaction Tax; Property Tax |
| Method of abatement: | Tax Abatement |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $808,466 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $808,466 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.cityofmobile.org/uploads/file_library/2023-final-acfr-6.7.24... |
