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: | Florida |
| Effected Jurisdiction: | Hillsborough County |
Jurisdiction type: | County |
| Fiscal year ending In: | 2017 |
| Program name: | Qualified 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: | $401,851 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $401,851 |
| Type of loss: | Active |
| Additional notes on dislosure: | The County makes tax abatement payments after determining that program requirements are met. If a participant does not comply with all requirements, partial benefits are not permitted. |
| Document source: | https://www.hillsclerk.com/records-and-reports/financial-reports-county |
