Local Incentive

First Year On Us

Summary

Under the First Year on Us commercial development plan, owner occupied business may apply for a one-time tax rebate up to $10,000 for improvements on real and personal property that increases the value of said property.

The City of Kyle will rebate one dollar for every new tax dollar generated as a direct result of investment and improvements to commercial property.  Non-owner occupied businesses and developers may apply for the same credit up to $5,000.