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.
Washington 2020 Revenue Lost to Tax Abatement Programs
Click on the name of a program for more details.
|Program Name||Program Type||Revenue Loss|
|Aerospace Business Facilities Credit||Technology (aerospace)||$35,939,000|
|Aerospace Computer Hardware, Software, and Peripherals Exemption||Technology (aerospace)||$6,037,000|
|Aerospace Product Development Expenditures Credit||Technology (aerospace)||$70,408,000|
|Aerospace Reduced B&O Tax Rate||Technology (aerospace)||$65,509,000|
|Data Center Server Equipment and Power Infrastructure Tax Exemption||Technology (data center)||$33,390,000|
|High-Technology Business Tax Deferral Program||Job creation/retention||$31,873,000|
|Multi-Unit Urban Housing Tax Exemption||Affordable housing||$28,434,000|
|TABULATED STATE-LEVEL TOTAL||$271,590,000|
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 Washington, the estimated reporting rate is as follows:
Cities/counties: 21 out of 88 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.
School districts: 33 out of 187 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 WA. You can also get a CSV file of the localities in WA that did not make any tax abatement disclosures in their annual financial reports.
The state does not post local financial audits in an online repository.