Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

State: 
Virginia
Reporting Jurisdiction: 
Norfolk
Jurisdiction type
Municipality
Fiscal year ending In: 
2019
Program name: 
Technology Zone
Program purpose
Business attraction/retention
Statutory authority
Norfolk Code of Ordinance Chapter 45.6
Abating jurisdiction(s)
Norfolk, Virginia
Applicable taxes: 
Business, Professional and Occupational License Tax
Method of abatement
Tax reduction
Provisions for recapture
Because taxes are not abated until after the requirements have been made, there is no provisions for recapturing abated taxes
Gross revenue loss
$0
Reimbursement / offset
$0
Net revenue loss
$0
Type of loss
Active
Additional notes on dislosure: 
(none)