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MegadealsSubsidy Tracker Individual Entry
Company: Fis (Project Sharp)
Parent Company:
Subsidy Source: local
Location: Florida
Year: 2019
Subsidy Value: $27,500,000
Program Name: Jacksonville: multiple
Awarding Agency: Jacksonville Office of Economic Development
Type of Subsidy: multiple
Number of Jobs or Training Slots: 500
Wage Data: $85,000
Wage Data Type: Average Annual Salary
Capital Investment: $145,000,000
Source of Data:
(click here)
Notes: Year is year credit approved. Jobs figure is new jobs created. Subsidy figure is total amount by project end. Subsidy breakdown: a Qualified Target Industry (QTI) Tax Refund with a city obligation of $600,000, a City Recaptured Enhanced Value (REV) Grant of $23.4 million (The REV grant will be equal to 75% of the increase in ad valorem taxes paid by the Company over the 20 years following completion of the improvements, but not later than 2043), and a $3.5 million City Closing Grant.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.