Business Incentives & Assistance

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 capital investment, job creation, and wage levels.

The Elgin City Council determines financial assistance based on capital 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.

The City’s Economic Development Director maintains inventories of buildings and sites available for lease or purchase through the cooperation of local real estate agencies and property owners.

Your construction project may be reviewed and considered for the reimbursement of portions of required fees and permit charges.

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.

Elgin is prepared to assist in obtaining State-funded assistance. The Elgin ISD and Austin Community College works with businesses and the city to create customized training programs.

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

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.

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