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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 TerritoryMississippi
Effected JurisdictionRankin County
Jurisdiction type: County
Fiscal year ending In2022
Program nameVarious abatement agreements
Program purpose: Business Expansion & Job Creation
Statutory authority: Sections 27- 31-101, 27-31-51, 27-31-15(2) and 27-31-105 of the Mississippi Code of 1972 Annotated
Abating jurisdiction(s): Rankin County, Mississippi
Applicable taxesReal Property Tax; Personal Property Tax
Method of abatement: Tax Abatement
Provisions for recapture: (not specified)
Gross revenue loss: $1,499,454
Reimbursement / offset: $0
Net revenue loss: $1,499,454
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://emma.msrb.org/P21803164-P21383754-P21823790.pdf