Tax Abatement


A project may be eligible for tax abatement if it is a business or manufacturing facility, research facility, distribution center, regional service facility, basic industry, or other facility “deemed essential to the City’s growth.”

A project may be eligible for abatement of taxes up to 100 percent and for as long as 10 years, depending upon the amount of expenditure and/or the number of employees. Reinvestment in an existing project or expansion of existing facilities may also be eligible for tax abatement.