Please note that data are cataloged by fiscal years. For more info see our user guide.
Change year to:
Total Revenue Lost: | $569,727,709 |
Click on the name of a program for more details.
Year | Program Name | Program Type | Gross Revenue Loss |
---|---|---|---|
2018 | Urban Transit Hub Tax Credit Program (HUB) | Transportation | $110,692,000 |
2018 | Technology Business Tax Certificate Transfer (NOL) Program | Small business development | $45,041,000 |
2018 | Public Infrastructure Projects | Infrastructural development | $15,000,000 |
2018 | Grow New Jersey Assistance Program (GROW NJ) | Job Creation/Retention | $131,682,000 |
2018 | Economic Redevelopment and Growth (ERG) Program | Debt service | $22,457,000 |
2018 | Business Retention and Relocation Assistance Grant Program (BRRAG) | Business attraction/retention/expansion | $13,057,000 |
2018 | Business Employment Incentive Program | Job Creation/Retention | $8,412,000 |
2018 | Angel Investor Tax Credit Program | Technology (various) | $12,399,000 |
TABULATED STATE-LEVEL TOTAL | $358,740,000 |
Click on the name of jurisdiction for a list of tax abatement programs that reduced its tax revenue.
Data includes abatement information for the five most populous cities, counties, and school districts in each state (where available). If no data is shown for these top five jurisdictions, it is because they did not disclose GASB 77 tax abatement information in the Annual Comprehensive Financial Report (ACFR), the amount reported was $0, or the ACFR has not been published yet. Some states include data for additional years and jurisdictions.
Reporting Jurisdiction | Jurisdiction Type | Gross Revenue Loss |
---|---|---|
Hudson County | County | $51,148,721 |
Middlesex County | County | $3,134,767 |
Jersey City | Municipality | $102,610,573 |
Toms River Township | Municipality | $475,173 |
Edison School District | School District | $440,003 |
Elizabeth School District | School District | $5,711,883 |
Jersey City Public Schools | School District | $47,466,589 |
TABULATED JURISDICTION TOTAL | $210,987,709 |