Local Incentive

Tax Abatement

Summary

Qualifying businesses considering locate in Burleson have the opportunity to apply for a property tax abatement on new value created as a result of the project. Tax abatements are available from the City of Burleson and other jurisdictions, as applicable.

Projects seeking tax abatement may contact the City of Burleson to determine eligibility. Following qualification, formal applications for abatement are processed through the Burleson EDC. Abatement terms are up to 10 years and the amount ranges up to 100% of real and personal property annually.

Requirements:

Minimum Value Added to Tax Rolls: $5 million