: The total dollar amount of tax revenue reduced or foregone during the reporting period.
Governments must include the following details in the notes to their financial statements: gqseb-77
: A brief description of the tax abatement programs, including the names and purposes. : The total dollar amount of tax revenue
: Disclosures of revenue lost because of tax abatement agreements entered into by other governments (e.g., a school district losing revenue due to a city's tax break). Definition of a Tax Abatement gqseb-77
: Descriptions of any other commitments the government made as part of the abatement agreement beyond tax reductions.
A promise by the individual or entity to take a specific action (like building a factory or creating jobs) that benefits the government or its citizens.