Inventory that remains in the County less than 175 days before being shipped out of Texas is considered "in-transit" and exempt from property taxes.
A designated area in need of economic development based on high unemployment and low incomes in that zone. Enterprise Zone designation is initiated by a city, with approval by the State. EZ designation allows for special development incentive programs by the city plus sales and franchise tax rebates from the state. An enterprise zone serves as a reinvestment zone for tax abatement.
Companies receive added benefit in a Foreign Trade Zone through deferrals, reductions or cancellation of tariffs and customs requirements on imports and exports. Application for FTZ is made to the federal government; the local jurisdictions are asked to provide letter of support.
Provides property tax exemption for the increase in value from the rehabilitation/redevelopment of a historic structure that is revitalized for use as a permanent or temporary housing structure which preferably provides some affordable housing. (Policy recently revised to allow rehabilitation for hotel as an eligible use.)
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Local Workforce Development Commission will work with new businesses to locate and train workforce participants to their specifications, especially the retraining of workers who have been laid-off and those from low-income labor centers. The State offers two job training programs: Smart Jobs Fund which provides grants to employers for customized training; and the Skills Development Fund which provides funding to local community and technical colleges for customized job training programs for their local businesses.
County Telephone Operator 817-884-1111
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