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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.

State or TerritoryLouisiana
Effected JurisdictionCity of Shreveport
Jurisdiction type: Municipality
Fiscal year ending In2022
Program nameIndustrial Tax Exemption Program (ITEP)
Program purpose: General Economic Development
Statutory authority: Article 7, Section 21(F) of the Louisiana Constitution and Executive Order Number JBE 2016-73
Abating jurisdiction(s): Shreveport
Applicable taxesProperty Tax
Method of abatement: Freeze
Provisions for recapture: (no provisions for recapture)
Gross revenue loss: $976,796
Reimbursement / offset: $0
Net revenue loss: $976,796
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.shreveportla.gov/ArchiveCenter/ViewFile/Item/2689