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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.

Effected JurisdictionCity of Tupelo
Jurisdiction type: Municipality
Fiscal year ending In2017
Program nameTIF - City Tax Increment Debt Fund
Program purpose: General Economic Development
Statutory authority: Section §57-75-5(f) of Miss. Code Ann. 1972
Abating jurisdiction(s): Tupelo
Applicable taxesProperty Tax
Method of abatement: (not specified)
Provisions for recapture: (not specified)
Gross revenue loss: $170,762
Reimbursement / offset: $0
Net revenue loss: $170,762
Type of loss: Active
Additional notes on dislosure(none)