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: | Mississippi |
Effected Jurisdiction: | City of Hattiesburg |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2020 |
Program name: | Industrial expansion exemptions |
Program purpose: | General Economic Development |
Statutory authority: | Section 27-31-101 and 27-31-105, Mississippi Code of 1972 Annotated |
Abating jurisdiction(s): | Hattiesburg |
Applicable taxes: | Property Tax; Free Port Warehouse Exemptions |
Method of abatement: | Tax Abatement |
Provisions for recapture: | Some |
Gross revenue loss: | $1,473,239 |
Reimbursement / offset: | $0 |
Net revenue loss: | $1,473,239 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://www.hattiesburgms.com/financial-statements/ |