: A brief description of the tax abatement programs, including the names and purposes.
Issued in August 2015, this rule requires state and local governments in the U.S. that follow Generally Accepted Accounting Principles (GAAP) to disclose information about tax abatements in their annual financial reports. The goal is to provide transparency regarding the amount of tax revenue foregone to encourage economic development or other public benefits. Key Disclosure Requirements
For detailed state-specific roadmaps or to track these disclosures across different jurisdictions, you can visit the Tax Abatement Tracker provided by Good Jobs First . Tax Abatement Disclosures (GASB 77) - Good Jobs First
Gqseb-77 < RELIABLE ✰ >
: A brief description of the tax abatement programs, including the names and purposes.
Issued in August 2015, this rule requires state and local governments in the U.S. that follow Generally Accepted Accounting Principles (GAAP) to disclose information about tax abatements in their annual financial reports. The goal is to provide transparency regarding the amount of tax revenue foregone to encourage economic development or other public benefits. Key Disclosure Requirements gqseb-77
For detailed state-specific roadmaps or to track these disclosures across different jurisdictions, you can visit the Tax Abatement Tracker provided by Good Jobs First . Tax Abatement Disclosures (GASB 77) - Good Jobs First : A brief description of the tax abatement