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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 JurisdictionHillsborough County
Jurisdiction type: County
Fiscal year ending In2019
Program nameQualified Target Industry Program
Program purpose: Job Creation/Retention
Statutory authority: Section 288.106, Florida Statutes
Abating jurisdiction(s): Hillsborough County, Florida
Applicable taxes(N/A - direct payment)
Method of abatement: Tax refund matching
Provisions for recapture: Because QTI payments are paid after compliance requirements have been met, there is no provision for recovering previously made payments. If the participant complied with program requirements only partially, prorated benefits are permitted under certain conditions.
Gross revenue loss: $923,000
Reimbursement / offset: $0
Net revenue loss: $923,000
Type of loss: Active
Additional notes on dislosureBreakdown by recipients provided. Promised and actual job creation provided. All met the wage requirement
Document sourcehttps://www.hillsclerk.com/records-and-reports/financial-reports-county