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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 TerritoryCalifornia
Effected JurisdictionCity of San Jose
Jurisdiction type: Municipality
Fiscal year ending In2018
Program nameBusiness Cooperation Program (BCP)
Program purpose: General Economic Development
Statutory authority: State Sales and Use Tax Regulation 1699.6; City Ordinances No. 28640 and No. 29408
Abating jurisdiction(s): City of San Jose
Applicable taxesSales and Use Tax
Method of abatement: Tax Rebate
Provisions for recapture: (N/A - by qualification)
Gross revenue loss: $77,000
Reimbursement / offset: $0
Net revenue loss: $77,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.sanjoseca.gov/your-government/departments/finance/reports/-f...