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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.

2020 | 2019 | 2018 | 2017

Mississippi 2020 Revenue Lost to Tax Abatement Programs


Total Revenue Lost: 
$29,845,000
Download results as CSV or XML

State-level programs

Click on the name of a program for more details.

Program Namesort icon Program Type Revenue Loss
Aggregate tax credits, rebates, exemptions, and FILOTs multiple $21,307,000
Fee in Lieu of Franchise Tax Capital investment; Job creation/retention not reported
Income Tax Exemption Capital investment; Job creation/retention $0
Investment Tax Credit Capital investment; Job creation/retention $0
Jobs Tax Credit Job creation/retention; Capital investment not reported
Sales and Use Tax Exemption for Machinery, Tooling, Leases, Repair Parts and Services Capital investment; Job creation/retention not reported
Sales and Use Tax Exemption Tourism development Establish and Operate the Project Capital investment; Job creation/retention not reported
Total Sales and Use Tax Exemptions Capital investment $8,538,000
Withholding Rebate for Maintaining Jobs Program Job creation/retention not reported
Withholding Rebate for New Job Creation Program Job creation/retention $0
TABULATED STATE-LEVEL TOTAL $29,845,000

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 Mississippi, the estimated reporting rate is as follows:

Cities/counties: 19 out of 28 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.

School districts: 3 out of 107 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 MS. You can also get a CSV file of the localities in MS that did not make any tax abatement disclosures in their annual financial reports.

Why is there little or no reporting from school districts?: No state oversight.

Local government / school district financial audits are posted here.

Reporting Jurisdiction Jurisdiction Type Gross Revenue Loss
 
TABULATED LOCALITY AND DISTRICT TOTAL