Garland incentives include tax abatements, electric rate discounts, sales tax rebates, and permit/ development fee waivers and infrastructure cost participation. Garland is extremely aggressive and creative with the use of incentives when it comes to attracting the right types of development and redevelopment projects. Apply for Incentives now (PDF).
Tax abatement is a possibility when there is value added to the tax roll either by new construction or by the addition of machinery and equipment. Major projects may warrant special abatement conditions beyond the standard and Garland stands ready to use this incentive to attract the right companies.
All abatement projects must meet a minimum threshold point total based on full-time jobs, annual payroll, value of new facilities, machinery, equipment, and inventory, and annual sales tax generated or Garland Power and Light electric usage. All abatements and other incentives must be approved on a case-by-case basis negotiated by Economic Development staff and approved by City Council.
In 2006, the Garland Economic Development Partnerships partnered with Richland College of the Dallas County Community College District (DCCCD) to provide resources for qualified workforce and workforce training. We realize that finding and sustaining a skilled workforce is a key for your success. The DCCCD provides competitive pricing for employee training and may be able to obtain training grants from either local or State funding agencies.
Garland is a Triple Freeport Zone with Dallas County, Garland Independent School District, and City of Garland participating in inventory tax exemptions for goods shipped out of state within 175 days.
Garland Power and Light is the fourth largest municipally owned electric utility in the state of Texas. Due to Garland’s ownership of its own electric company, Garland has the ability to offer some of the most competitive contract electric rates in the nation if the project is located in Garland Power and Light service area. This program is specifically designed to increase company’s profitability and market competitiveness.
Sales Tax Rebate
Redevelopment is one of the major focuses for Garland. Chapter 380 of the Local Government Code allows us to provide opportunities to support redeveloping the targeted retail projects.
City permit and development impact fees can be partially or fully rebated for projects based upon a desirable economic impact to the city.
Infrastructure Cost Sharing
Development projects that have a significant regional economic impact often require the developer to build new or up-size existing public infrastructure to accommodate the development. Public infrastructure includes roadways, sanitary sewer, storm sewer and water, and structured parking and streetscape enhancement. As part of an overall economic development agreement, the City may enter into a funding partnership with the developer to pay for a portion of the costs of infrastructure.
For additional information about incentives, call the Economic Development Department at 972-205-3800.