The passage of the sales tax for economic development related activities has enabled our community to be among the most aggressive communities in the Midwest. The half-cent sales tax generates $5 million a year and is set up to be used expressly for economic development related activities such as site acquisition, infrastructure, equipment purchases, training, etc. The community can focus financial resources on projects that have a substantial impact on the economy. There are a variety of local incentives available depending on the type of business and the project specifics. The local financial incentives are performance-based and center around the number of new jobs created, average hourly wages and capital investment.
Please see specific incentive information below or contact Molly Howey for more information.