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Local
Incentives
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- Tax
abatements are offered by individual cities in DFW and are available
to eligible properties to encourage businesses to invest and/or
expand. Individual city taxing boards grant a taxpayer a stay
of paying a tax for a short or long term, for a total or percentage
of the tax.
(Office of the Governor - Economic Development & Tourism)
- Texas
Enterprise Zones are designated by the State of Texas as any area
that has a poverty level of 20 percent or greater. The federal
government also may designate enterprise zones as a renewal community.
Many localities offer additional incentives within enterprise
zones including tax abatement, local tax refunds, reduced utilities,
and development participation.
(Office of Governor - Economic Development & Tourism)
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