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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 Type Gross Revenue Loss Reimbursement / offset Net Revenue Loss Type of Loss
Economic Development Program Business attraction/retention $3,342,571 $0 $3,342,571 Active
Local Utility Tax Relief Economic development not reported not reported not reported Active
New Business License Incentive Program Economic development not reported not reported not reported Active
Tax Abatement Program Property improvements $3,365,594 $0 $3,365,594 Active
Technology Zone Technology not reported not reported not reported Active
TABULATED TOTAL $6,708,165 $0 $6,708,165