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: | Alabama |
Effected Jurisdiction: | City of Huntsville |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2018 |
Program name: | Various tax abatement programs |
Program purpose: | General Economic Development |
Statutory authority: | Section 40-9B1 et seq., Code of Alabama 1975 |
Abating jurisdiction(s): | Huntsville |
Applicable taxes: | Sales and Use Tax |
Method of abatement: | Tax Abatement |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $11,200,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $11,200,000 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://www.huntsvilleal.gov/government/finances-budget/current-adopted-... |