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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|
|Tourism Development Financing Program - Cavalier||Tourism development||$1,137,383||$0||$1,137,383||Active|
|Tourism Development Financing Program - Cavalier||Tourism development||$17,873||$0||$17,873||Active|
|Business License Incentive Program||Economic development||$319,900||$0||$319,900||Active|
|PPP - 25th St Parking Garage and iFly||Economic development||$87,353||$0||$87,353||Active|
|PPP- Field House||Economic development||$143,514||$0||$143,514||Active|
|ViBE Creative District||Economic development||not reported||not reported||not reported||(N/A - no disclosure)|
|Yes Oceana APZ-1 Incentives||Business attraction/retention||$43,598||$0||$43,598||Active|