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: 
2018
Program name: 
Technology Zone
Program purpose
Technology
Statutory authority
Norfolk Code 45.6
Abating jurisdiction(s)
City of Norfolk
Applicable taxes: 
Business, Professional, and Occupational License Tax
Method of abatement
Reduction
Provisions for recapture
No recapture provisions as taxes are abated after costs have been incurred or targets have been reached (i.e. performance-based awards).
Gross revenue loss
$0
Reimbursement / offset
$0
Net revenue loss
$0
Type of loss
Active
Additional notes on dislosure: 
(none)