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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.

StateDelaware
Effected JurisdictionCity of Wilmington
Jurisdiction type: Municipality
Fiscal year ending In2022
Program nameHead Tax
Program purpose: Job Creation/Retention
Statutory authority: City Code Section 5-102A
Abating jurisdiction(s): City of Wilmington
Applicable taxesHead Tax
Method of abatement: Tax Abatement
Provisions for recapture: (not specified)
Gross revenue loss: $24,000
Reimbursement / offset: $0
Net revenue loss: $24,000
Type of loss: Active
Additional notes on dislosureSeveral deals are being processed for final reconciliation with the Company.
Document sourcehttps://www.wilmingtonde.gov/home/showpublisheddocument/11474/6381586334...