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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 |
---|---|---|---|---|---|
Public Private Partnerships - 25th Street parking Garage and iFLY | Tourism development | $85,820 | $0 | $85,820 | Active |
Public Private Partnerships - Field House | Recreation | $136,307 | $0 | $136,307 | Active |
Yes Oceana APZ-1 Incentives | Navy | $67,747 | $0 | $67,747 | Active |
Tourism Development Financing Program (TDFP) Cavalier | Financing | $1,070,896 | $0 | $1,070,896 | Active |
Business License Incentive Program (BPOL) | Business expansion | $410,812 | $0 | $410,812 | Active |
ViBE Creative District | Business attraction/retention | $0 | $0 | $0 | Active |
TABULATED TOTAL | $1,771,582 | $0 | $1,771,582 |