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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.

StateFlorida
Reporting JurisdictionCity of Jacksonville
Jurisdiction type: Municipality
Fiscal year ending In2018
Program nameRecaptured Enhanced Value (REV) Grant
Program purpose: General Economic Development
Statutory authority: Part 2, Chapter 26, City of Jacksonville Ordinance Code and Ordinance 2016-382-E (Public Investment Policy); Florida Statutes 125.045 County Economic Development Powers
Abating jurisdiction(s): City of Jacksonville
Applicable taxesReal and/or Tangible Personal Property Tax
Method of abatement: (data not yet retrieved)
Provisions for recapture: (N/A - performance-based)
Gross revenue loss: $4,350,227
Reimbursement / offset: $0
Net revenue loss: $4,350,227
Type of loss: Active
Additional notes on dislosure(none)