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Benefits of the Tax Rebate Incentive Program
  • Creates jobs
  • Creates new long-term tax revenue, without creating a fiscal burden for cities and the county
  • Does not interfere with current property tax revenues
  • Encourages housing, commercial, and industrial development within the city
  • Offers incentives for development where development might not otherwise occur
  • Provides a limited window of opportunity for participation, thereby prompting immediate response
  • Provides incentives for housing improvements through property tax refunds
  • Reverses the outward migration of residents and the resulting deterioration of neighborhoods within the county
  • Stabilizes land values
  • Strengthens the fiscal capacity of our city and county government

For more information about the Tax Rebate Incentive Program, please contact the Community Development and Housing Office at (620) 232-1210.