Growth & Development Projections
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  ELGIN ECONOMIC DEVELOPMENT CORPORATION
  
   INCENTIVES & ASSISTANCE




Joe Newman,
Economic
Development
Director
economic@ci.elgin.tx.us
512.281.5724




The Elgin EDC, the City of Elgin and the Greater Elgin Chamber of Commerce work
together to ensure successful business expansions or relocations with cash
incentives, discounted property, property tax assistance, small business assistance,
and access to state assistance programs.

Incentives Policy – The City of Elgin and the Elgin Economic Development Corporation
strive to work with businesses to facilitate their expansion and or relocation to the community.
Incentives are reviewed based on capital investment, job creation, wages, and impact of the
company on the community.

Fast Track Permitting – Elgin will provide direct, “hands-on” assistance in moving your
construction project from conception to certificate of occupancy and do it faster than most
cities can explain their process. By comparison to other cities, your savings of time and money
will be significant.

Enterprise Zone Designation – This zone offers a number of State Incentives to assist in
business relocations and expansions. There are opportunities concerning sales tax rebates,
and others. For a full list of opportunities, please ask!

Economic Development Sales Tax – The City of Elgin levies a 1/2% sales tax to bolster its economic development efforts. The revenues from this tax are dedicated to the positive economic growth of Elgin. The Economic Development Corporation determines financial assistance based on capitol investment, job creation and wage levels.

Property Tax Reimbursement – The Elgin City Council determines financial assistance based
on capitol investment, job creation and wage levels. We encourage cooperation from other
entities that might be willing to grant property tax reimbursements. Applications are considered
by the  City Council and Bastrop County.

Site/Building Location – The City’s Economic Development Director, through cooperation of
local real estate agencies and property owners, maintains inventories of buildings and sites
available for lease or purchase.

Waiver of Fees – your construction project may be reviewed and considered for the
reimbursement of portions of required fees and permit charges.

Job Training Assistance – Elgin is prepared to assist in obtaining State funded assistance.      
The Elgin ISD works with businesses and the city to create customized training programs.

Foreign Trade Zone Designation – The zone is in concert with Bastrop County and is affiliated
with the Port of Corpus Christi. This designation allows sub zone operators to import certain
products from overseas and eliminate or defer customers’ duties.

Economic Development Programs – The City’s Economic Development Department provides assistance to both existing and new businesses. In concert with state and federal agencies, the
City provides varying assistance packages on a case by case basis.

Deferred Annexation – The City will, on a case-by-case basis, consider deferred annexation
on property outside of the city limits.


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