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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

Rhode Island 2019 Revenue Lost to Tax Abatement Programs


Total Revenue Lost: 
$49,935,141
Download results as CSV or XML

State-level programs

Click on the name of a program for more details.

Program Name Program Type Revenue Loss
Anchor Institution Tax Credit Business recruitment $0
Employer's Apprentice Tax Credits Job training $0
Enterprise Zone Economic development (EZ) $0
Historic Preservation Tax Credits Historic preservation $18,998,000
Job Development Act Job creation $11,552,000
Job Training Tax Credits Job training $505,000
Motion Picture Production Tax Credits Film production $2,338,000
Other commitments under tax abatements Economic development $2,044,000
Qualified Jobs Incentive Tax Credit Job creation $40,000
Rebuild Rhode Island Tax Credit Business recruitment $0
Tax Credit for Contributions to Qualified Scholarship Organizations Education $1,221,000
Tax Increment Financing Economic development (TIF) $256,000
Wavemaker Fellowship Job creation; job retention; job training $94,000
TABULATED STATE-LEVEL TOTAL $37,048,000

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 Rhode Island, the estimated reporting rate is as follows:

Cities/counties: 18 out of 39 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.

School districts: 0 out of 4 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 RI. You can also get a CSV file of the localities in RI that did not make any tax abatement disclosures in their annual financial reports.

Why is there little or no reporting from school districts?: Rhode Island is a New England state: Local school districts do not produce financial audits (only the few regionalized ones do).

The state does not post local financial audits in an online repository.

Reporting Jurisdiction Jurisdiction Type Gross Revenue Loss
Cranston Municipality $242,885
Pawtucket Municipality $1,264,256
Providence Municipality $11,380,000
TABULATED LOCALITY AND DISTRICT TOTAL $12,887,141