Subject:
Title
Ordinance to revoke Ordinance No. 2020-31, repealing ordinance for Jabil, Inc. Phase I Ad Valorem Tax Exemption and providing a process to dissolve the related Performance Agreement, including authorization for the County Administrator to execute all necessary documents.
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Recommended Action:
Recommended Action
Adopt an ordinance revoking Ordinance No. 2020-31 which granted Jabil, Inc. a Phase I Ad Valorem Tax Exemption (ADVTE).
• The action to revoke Ordinance No. 2020-31, is a technical formality necessitated by the structure of ad valorem tax exemptions. The exemptions are tied to a specific address, rather than the company as a whole.
• Jabil’s exemption was established under Resolution 2018-15 as a three-phased plan. Phase 1 (covered by this Ordinance) included a performance agreement requiring a specific number of jobs and wage levels at that one location. Jabil successfully met these requirements under Phase 1 for the first two years.
• Jabil’s leadership proactively contacted PCED staff to explain that their business model at that specific address has changed. Because they will no longer meet the site-specific requirements for Phase 1, they voluntarily requested that the County revoke the Ordinance. This ensures that their tax status remains in full compliance with the program’s rules. As a result, Jabil will repay the exemptions for that site, with the final amount calculated by the Pinellas County Property Appraiser. The amount is estimated to be in the range of $18,000 - $28,000.
• While this one specific exemption is ending, Jabil’s overall footprint in Pinellas has grown significantly. The company invested in two new facilities in Pinellas County which have created more than 1,000 full-time jobs. They are also working with Pinellas County Economic Development on a third facility.
• Funding for repayment of any applicable ad valorem taxes is not included in the Fiscal Year 2026 budget.
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Strategic Priorities:
Prosperity and Opportunity
3.5 Foster Business Growth.
Summary:
Summary
While this ordinance provides for the revocation of Ordinance No. 2020-31, Jabil, Inc. continues to expand its local manufacturing operations at additional sites within Pinellas County.
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Background Information:
Pursuant to Resolution 2018-15, Jabil, Inc. established a three-phase Ad Valorem Tax Exemption program. The Phase I and Phase II ordinances are currently in effect, while Phase III has not been initiated. In December 2025, Jabil Inc. formally requested that the County revoke the Phase I ordinance, citing changes in its business model at the applicable location.
Notwithstanding this request, Jabil has continued to demonstrate a strong and sustained commitment to Pinellas County through significant capital investment and job creation. Over the past several years, the company has established two additional manufacturing facilities within the County, resulting in the creation of more than 800 high-wage, full-time positions.
Jabil, Inc. remains a major employer and valued corporate partner in Pinellas County. As a Fortune 150 company, Jabil, Inc. provides substantial economic benefit and regional visibility through its relationships with global industry leaders and the development of advanced products across the technology, medical, and defense sectors.
Pinellas County Economic Development is coordinating with Jabil, Inc. to ensure compliance with the Performance Agreement dated December 15, 2020, including the repayment of any ad valorem taxes exempted for any year in which Jabil, Inc. was not entitled to receive the exemption.
Fiscal Impact:
Repayment of the ad valorem taxes exempted during the period of noncompliance will be required, with the final amount to be determined by the Property Appraiser’s Office.
Funding for the ad valorem taxes payment is not included in the FY26 budget for the General Fund.
Staff Member Responsible:
Dr. Cynthia Johnson, Director, Economic Development
Partners:
N/A
Attachments:
Ordinance
Notice of Public Hearing
Business Impact Estimate