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Please note that data are cataloged by fiscal years -- you can switch to different years using the links below. For more info see our user guide.

2020 | 2019 | 2018 | 2017

Norfolk, VA Revenue Losses from Subsidy Programs

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Click on the name of a program for more details.

Program Name Program Typesort icon Gross Revenue Loss Reimbursement / offset Net Revenue Loss Type of Loss
Economic Development Program Business attraction/retention $3,664,052 $0 $3,664,052 Active
New Business License Incentive Program Business attraction/retention $39,164 $0 $39,164 Active
Technology Zone Business attraction/retention $0 $0 $0 Active
Local Utility Tax Relief Economic development (EZ) $2,916 $0 $2,916 Active
Tax Abatement Program Residential improvement $2,919,370 $0 $2,919,370 Active
TABULATED TOTAL $6,625,502 $0 $6,625,502