Falling employment at Dell Inc.’s Nashville location means it owes the city property taxes for the first time since arriving here.

According to The Tennessean, Dell needs at least 1,500 full-time employees in Nashville to qualify for the full abatement made possible by its original incentive package. A new round of layoffs, impacting about 96 people, is expected to wrap up today, putting its local headcount at around 1,400 employees.

According to The Tennessean, Dell owes the city roughly $2,600 for the 2013 tax year, a number that is expected to grow.

Dell’s 40-year tax abatement dates back to 1999, when the Texas-based company located a computer-assembly plant near the Nashville International Airport.