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.
Florida 2019 Revenue Lost to Tax Abatement Programs
Click on the name of a program for more details.
|Program Name||Program Type||Revenue Loss|
|Capital Investment Tax Credit||Business incentive||$61,055,000|
|Community Contribution Tax Credit Program||Affordable housing||$18,120,000|
|Contaminated Site Rehabilitation Tax Credit||Revitalization||$16,186,000|
|Entertainment Industry Financial Incentive Program||Film production||$27,686,000|
|Entertainment Industry Sales Tax Exemption Program||Film production||$16,831,000|
|Florida Renew Production Credit||Renewable Energy||$13,689,000|
|Florida Renew Tech Credit||Renewable Fuel||$10,403,000|
|Florida Tax Credit Scholarship Program||Education||$309,358,000|
|Hope Scholarship Credit||Education||$39,075,000|
|New Markets Development Program||Capital investment||$48,586,000|
|Qualified Target Industry Tax Refund Program||Job creation||$15,833,000|
|Research and Development Tax Credit||Business incentive||$13,850,000|
|Various Other Tax Abatement Programs||Multiple||$22,500,000|
|TABULATED STATE-LEVEL TOTAL||$613,172,000|
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 Florida, the estimated reporting rate is as follows:
Cities/counties: 68 out of 471 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.
School districts: 0 out of 67 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 FL. You can also get a CSV file of the localities in FL that did not make any tax abatement disclosures in their annual financial reports.
Why is there little or no reporting from school districts?: Florida shields school districts' revenues from tax abatements.
Local government / school district financial audits are posted here.