Texas
TX
City of Lubbock
Municipality
2017
Tax Increment Financing (TIRZ)
General Economic Development
(not specified)
Lubbock
Property Tax
(not specified)
(not specified)
$6,149,585
$0
$6,149,585
It is unclear whether Lubbock adopted GASB 77. Management report says city Finance Dept is responsible for tracking tax abatements; yet none are disclosed. TIF reporting occurs outside of GASB 77 and is noted here.
13278
Texas
TX
City of Lubbock
Municipality
2021
Industrial Tax Abatement Program
General Economic Development
Chapter 312 of the Texas Local Government Code
City of Lubbock
Property Tax
Tax Abatement
In ACFR
$631,550
$0
$631,550
Companies in ACFR, with in depth program description
https://ci.lubbock.tx.us/storage/images/rmX9FF05SUflOwCH8p73vAiLY482M7Wy9Z3Kjx93.pdf
13694
Texas
TX
City of Lubbock
Municipality
2022
Industrial Tax Abatement Program
General Economic Development
Chapter 312 of the Texas Local Government Code
City of Lubbock
Property Tax
Tax Abatement
In ACFR
$612,317
$0
$612,317
Companies in ACFR, with in depth program description
https://ci.lubbock.tx.us/storage/images/aDa1hsRhIHBzu17DBOF36FQcY64PCshGmaXzBkMm.pdf
13751
3