Virginia
VA
City of Norfolk
Municipality
2017
Tax Abatement Program
General Economic Development
(not specified)
Norfolk
Property Tax
(not specified)
(N/A)
$2,051,933
$0
$2,051,933
(none)
13930
Virginia
VA
City of Norfolk
Municipality
2017
Tax Increment Financing (TIF)
General Economic Development
(not specified)
Norfolk
Property Tax
(not specified)
(not specified)
$1,398,409
$0
$1,398,409
(none)
13931
Virginia
VA
City of Norfolk
Municipality
2017
Economic Development Program
General Economic Development
(not specified)
Norfolk
Personal Prop, Real Estate and Biz Tangible Prop Tax
(not specified)
(N/A)
$1,117,238
$0
$1,117,238
(none)
13932
Virginia
VA
City of Norfolk
Municipality
2017
New Business License Incentive Program
General Economic Development
(not specified)
Norfolk
Business License Tax
(not specified)
(N/A)
$15,231
$0
$15,231
(none)
13933
Virginia
VA
City of Norfolk
Municipality
2017
Local Utility Tax Relief
General Economic Development
(not specified)
Norfolk
Utility Tax
(not specified)
(N/A)
$3,157
$0
$3,157
(none)
13934
Virginia
VA
City of Norfolk
Municipality
2018
Tax Increment Financing (TIF)
(not specified)
(not specified)
Norfolk
Property Tax
(not specified)
(not specified)
$5,266,000
$0
$5,266,000
(none)
13982
Virginia
VA
City of Norfolk
Municipality
2018
Tax Abatement Program
Property improvements
Norfolk Code Section 24-203 & Section 27-76
City of Norfolk
Property Tax
Reduction in assessed value
No recapture provisions as taxes are abated after costs have been incurred or targets have been reached (i.e. performance-based awards).
$2,448,701
$0
$2,448,701
(none)
13983
Virginia
VA
City of Norfolk
Municipality
2018
Economic Development Program
Business attraction/retention/expansion
City Council ordinance
City of Norfolk
Personal Property Tax; Real Estate and Business Tangible Property Tax
Grant
No recapture provisions as taxes are abated after costs have been incurred or targets have been reached (i.e. performance-based awards).
$1,858,476
$0
$1,858,476
(none)
13984
Virginia
VA
City of Norfolk
Municipality
2018
New Business License Incentive Program
General Economic Development
Norfolk Code 24-25.9 and 24-25.2
City of Norfolk
Business License Tax
Reduction
If the business estimates its gross receipts will exceed $1 million, but the actual gross receipts are less than $1 million, the benefits of the program are not available unless the business completes the qualification process. Likewise, if the qualifying business estimated less than $1 million and the actual gross receipts were more than $1 million the business is responsible for the entire tax amount and will be removed from the program.
$12,424
$0
$12,424
(none)
13985
Virginia
VA
City of Norfolk
Municipality
2018
Local Utility Tax Relief
General Economic Development
Norfolk Code 45.5-5
City of Norfolk
Utility Tax
Reduction
No recapture provisions as taxes are abated after costs have been incurred or targets have been reached (i.e. performance-based awards).
$2,725
$0
$2,725
(none)
13986
Virginia
VA
City of Norfolk
Municipality
2019
Economic Development Program
Business attraction/retention/expansion
City Council, designated to the City Manager
Norfolk, Virginia
Personal Property, Real Estate and Business Tangible Property
Reimbursement
Because taxes are not abated until after the requirements have been made, there is no provisions for recapturing abated taxes
$3,664,052
$0
$3,664,052
(none)
14003
Virginia
VA
City of Norfolk
Municipality
2019
Tax Abatement Program
Property improvements
Norfolk Municipal Code Section 24-203 & Section 27-76
Norfolk, Virginia
Property Tax
Reduction in assessed value
Because taxes are not abated until after the improvements have been made, there is no provisions for recapturing abated taxes
$2,919,370
$0
$2,919,370
(none)
14004
Virginia
VA
City of Norfolk
Municipality
2019
New Business License Incentive Program
Business attraction/retention/expansion
Norfolk Municipal Code Section 24-25.9 and 24-25.2
Norfolk, Virginia
Business License Tax
Tax reduction
If the business estimates its gross receipts will exceed $1 million, but the actual gross receipts are less than $1 million, the benefits of the program are not available unless the business completes the
$39,164
$0
$39,164
(none)
14005
Virginia
VA
City of Norfolk
Municipality
2019
Local Utility Tax Relief
General Economic Development (EZ)
City Ordinance § 45.5-5
Norfolk, Virginia
Utility Tax
Tax reduction
Because taxes are not abated until after the requirements have been made, there is no provisions for recapturing abated taxes
$2,916
$0
$2,916
(none)
14006
Virginia
VA
City of Norfolk
Municipality
2020
Tax Abatement Program
Property improvements
Norfolk Code Section 24-203 & Section 27-76
City of Norfolk
Property Tax
Reduction in assessed value
No recapture provisions as taxes are abated after costs have been incurred or targets have been reached (i.e. performance-based awards).
$3,365,594
$0
$3,365,594
(none)
14021
Virginia
VA
City of Norfolk
Municipality
2020
Economic Development Program
Business attraction/retention/expansion
City Council ordinance
City of Norfolk
Personal Property Tax; Real Estate and Business Tangible Property Tax
Grant
No recapture provisions as taxes are abated after costs have been incurred or targets have been reached (i.e. performance-based awards).
$3,342,571
$0
$3,342,571
(none)
14022
Virginia
VA
City of Norfolk
Municipality
2021
Tax Abatement Program
Property improvements
Norfolk Code Section 24-203 & Section 27-76
City of Norfolk
Property Tax
Reduction in assessed value
No recapture provisions as taxes are abated after costs have been incurred or targets have been reached (i.e. performance-based awards).
$3,954,103
$0
$3,954,103
(none)
14040
Virginia
VA
City of Norfolk
Municipality
2021
Economic Development Program
Business attraction/retention/expansion
City Council ordinance
City of Norfolk
Personal Property Tax; Real Estate and Business Tangible Property Tax
Grant
No recapture provisions as taxes are abated after costs have been incurred or targets have been reached (i.e. performance-based awards).
$2,098,651
$0
$2,098,651
(none)
14041
Virginia
VA
City of Norfolk
Municipality
2022
Tax Abatement Program
Property improvements
Norfolk Code Section 24-203 & Section 27-76
City of Norfolk
Property Tax
Reduction in assessed value
No recapture provisions as taxes are abated after costs have been incurred or targets have been reached (i.e. performance-based awards).
$3,871,560
$0
$3,871,560
(none)
https://www.norfolk.gov/DocumentCenter/View/74487/2022-Annual-Comprehensive-Financial-Report-PDF--reissued-033023-to-include-Single-Audit
14061
Virginia
VA
City of Norfolk
Municipality
2022
Economic Development Program
Business attraction/retention/expansion
City Council ordinance
City of Norfolk
Personal Property Tax; Real Estate and Business Tangible Property Tax
Grant
No recapture provisions as taxes are abated after costs have been incurred or targets have been reached (i.e. performance-based awards).
$1,317,760
$0
$1,317,760
(none)
https://www.norfolk.gov/DocumentCenter/View/74487/2022-Annual-Comprehensive-Financial-Report-PDF--reissued-033023-to-include-Single-Audit
14062
Virginia
VA
City of Norfolk
Municipality
2022
New Business License Incentive Program
Business attraction/retention/expansion
Norfolk Municipal Code Section 24-25.9 and 24-25.2
City of Norfolk
Business License Tax
Tax reduction
If the business estimates its gross receipts will exceed $1 million, but the actual gross receipts are less than $1 million, the benefits of the program are not available unless the business completes the
$5,659
$0
$5,659
(none)
https://www.norfolk.gov/DocumentCenter/View/74487/2022-Annual-Comprehensive-Financial-Report-PDF--reissued-033023-to-include-Single-Audit
14063
Virginia
VA
City of Norfolk
Municipality
2022
Local Utility Tax Relief
General Economic Development (EZ)
Norfolk Code 45.5-5
City of Norfolk
Utility Tax
Tax reduction
Because taxes are not abated until after the requirements have been made, there is no provisions for recapturing abated taxes
$2,393
$0
$2,393
(none)
https://www.norfolk.gov/DocumentCenter/View/74487/2022-Annual-Comprehensive-Financial-Report-PDF--reissued-033023-to-include-Single-Audit
14064
22