Guidelines and Criteria
for Tax Abatement in Burleson County
Purpose and Objective
Burleson County is committed to the promotion of quality development in all parts of the county, and to an ongoing improvement in the quality of life for its citizens. In so far as these objectives are generally served by the enhancement and expansion of the local economy, Burleson County, will, on a case by case basis, give consideration to providing incentives as a stimulation for economic development in Burleson County. The individualized design of a total incentive package is intended to allow maximum flexibility in addressing the unique concerns of each applicant while enabling the County to better respond to the changing needs of the community.
Eligible Business Categories
Manufacturing, Distribution Center
 
Criteria for Abatement Incentives
The following conditions are guidelines, each application will be considered, case by case, any agreements reached, if any, will be specific to each Abatement Contract.
Step One Abatement
Maximum abatement period - Five (5) years.
Minimum construction or expansion - $750,000.00.
Minimum number of new jobs – Five (5) *jobs.
50% of new employees must reside in Burleson County.
Every effort must be exercised to use local resources in employees, goods, and services.
Total abatement period will be up to five (5) years, including construction time. The abatement will conform to the schedule of years and percentages stated below:
|
1st year
|
80%
|
|
2nd year
|
60%
|
|
3rd year
|
40%
|
|
4th year
|
20%
|
|
5th year
|
20%
|
Step Two Abatement
Maximum abatement period - Seven (7) years.
Minimum construction or expansion - $1,000,000.00.
Minimum number of new jobs – Ten (10) *jobs.
50% of new employees must reside in Burleson County.
Every effort must be exercised to use local resources in employees, goods, and services.
Total abatement period will be up to seven (7) years, including construction time. The abatement will conform to the schedule of years and percentages stated below:
|
1st year
|
80%
|
|
2nd year
|
60%
|
|
3rd year
|
40%
|
|
4th year
|
20%
|
|
5th year
|
20%
|
|
6th year
|
20%
|
|
7th year
|
20%
|
Step Three Abatement
Maximum abatement period - Ten (10) years.
Minimum construction or expansion - $1,500,000.00.
Minimum number of new jobs – Twenty (20) *jobs.
50% of new employees must reside in Burleson County.
Every effort must be exercised to use local resources in employees, goods, and services.
Total abatement period will be up to ten (10) years, including construction time. The abatement will conform to the schedule of years and percentages stated below:
|
1st year
|
100%
|
|
2nd year
|
100%
|
|
3rd year
|
80%
|
|
4th year
|
80%
|
|
5th year
|
80%
|
|
6th year
|
60%
|
|
7th year
8th year
9th year
10th year
|
60%
40%
40%
20%
|
* Job – A job is defined as a Full Time Employee with health insurance, a retirement benefit, and a holiday/vacation package. Jobs that are created with lesser benefits will be counted as .5 employees for calculation purposes.
|
