Please note that data are cataloged by fiscal years -- you can switch to different years using the links below. For more info see our user guide.
Alabama 2020 Revenue Lost to Tax Abatement Programs
Click on the name of a program for more details.
|Program Name||Program Type||Revenue Loss|
|Apprenticeship Alabama||Job training||$41,000|
|Certified Capital Company (CAPCO)||Incubating small tech companies||$3,640,000|
|Enterprise Zone (EZ)||Industrial development||$0|
|Film Incentive||Film, TV, and/or media||$18,156,000|
|Growing Alabama Credit||Economic development||$17,957,000|
|Historic Rehabilitation Tax Credit||Historic preservation||$5,607,000|
|Investment Credit||Capital investment||$4,202,000|
|Jobs Credit||Job creation/retention||$6,619,000|
|New Markets Tax Credit||Community development||$7,986,000|
|Other tax abatement programs (see notes)||Economic development||$74,280,000|
|Port Credit||Port usage||$666,000|
|TABULATED STATE-LEVEL TOTAL||$139,154,000|
Tabulated localities and districts
Click on the name of jurisdiction for a list of tax abatement programs that reduced its tax revenue.
We estimated the reporting rate among local governments for each state using 2018 and 2019 data. This is to gauge how much data is available in that state.
For Alabama, the estimated reporting rate is as follows:
Cities/counties: 15 out of 23 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.
School districts: 1 out of 119 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.
Concerned about the lack of disclosure? Check out the roadmap on GASB 77 compliance we created for AL. You can also get a CSV file of the localities in AL that did not make any tax abatement disclosures in their annual financial reports.
Why is there little or no reporting from school districts?: Alabama shields property and sales tax for educational purposes from tax abatements.
Local government / school district financial audits are posted here.