Incentives help to facilitate the development and redevelopment process in the City. This increasing the economic health by job producing and community generated revenues. There are a number of incentive programs offered by the City of Whitesboro Industrial and Economic Development Corporations and other various departments.
Each client is treated with complete confidentiality. Programs are considered on a case-by-case basis and must have the approval of the City of Whitesboro Council.
For complete information on applying contact the Economic Development Department located in City Hall.
Economic Development Director
City of Whitesboro
PO Box 340
111 W. Main Street
Whitesboro, Texas 76273
Office: (903)564-3311
Email: edc [at] whitesborotexas.com
Tax Abatements
Tax abatements are authorized under Chapter 312 of the Texas Code. Reviewing all Texas Tax codes is just one click away at the link below:
Click Here to View Texas Tax Codes
Whitesboro Texas Tax Abatement Policy Ordinance 947 Tax Abatement
Enterprise zones are economically distressed geographic area(s) that have been targeted for business development that will create jobs, stimulate further economic revitalization, and reduce distress. The office of the Governor Economic Development and Tourism administers the Texas Enterprise Zone Program. This includes adoption of program rules, coordination of local and state efforts, providing community assistance, evaluating zone and project applications, and monitoring and reporting to the State Legislature on program effectiveness. The State of Texas provides direct development incentives for a limited number of qualified businesses and enterprise zone projects in order to support economic development in the most distressed areas of the state. The major financial incentive offered through this program is a refund of state sales and use taxes on qualifying expenses. Local communities must nominate a company as an Enterprise Project to be eligible to participate in the Enterprise Zone Program. Legislation limits allocations to the State.