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2020 | 2019 | 2018 | 2017 | 2016
Virginia Beach, VA Revenue Losses from Subsidy Programs
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| Program Name | Program Type | Gross Revenue Loss | Reimbursement / offset |
Net Revenue Loss |
Type of Loss |
|---|---|---|---|---|---|
| Tourism Development Financing Program - Cavalier | Tourism development | $1,137,383 | $0 | $1,137,383 | Active |
| Business License Incentive Program | Economic development | $319,900 | $0 | $319,900 | Active |
| PPP- Field House | Economic development | $143,514 | $0 | $143,514 | Active |
| PPP - 25th St Parking Garage and iFly | Economic development | $87,353 | $0 | $87,353 | Active |
| Yes Oceana APZ-1 Incentives | Business attraction/retention | $43,598 | $0 | $43,598 | Active |
| Tourism Development Financing Program - Cavalier | Tourism development | $17,873 | $0 | $17,873 | Active |
| ViBE Creative District | Economic development | not reported | not reported | not reported | (N/A - no disclosure) |
| TABULATED TOTAL | $1,749,621 | $0 | $1,749,621 |
