Cedar Park Incentives

Cedar Park has a number of performance-based financial incentive programs available for businesses that are creating new job opportunities, expanding the local tax base and raising the local per capita income level. Incentives are determined on a case by case basis according to criteria that include capital investment, job creation and sales tax generation. A project’s ability to advance strategic initiatives of the City, such as how a business might enhance other new business prospects for our area, is also considered. Therefore, the following list of incentives is designed as a starting point for further discussions with the Economic Development staff.

Incentives available include:

Performance-based incentives through the City of Cedar Park’s 4A and 4B Sales Tax Corporations
Tax abatements on real and personal property for up to 10 years
Chapter 380 tax rebates for projects which significantly enhance the City of Cedar Park’s tax base
UpSkill Cedar Park training reimbursement program for primary employers. Companies are eligible for annual rebates for accredited training
Relocation Incentive paid for employees of qualified primary employers who purchase a home in Cedar Park
Triple Freeport exemption on property tax on inventory for employers that manufacture or distribute goods that are shipped outside of Texas
Fast track approval through the development process, including Pre-Development meetings available for all site plans
Reimbursement of allowable permit fees, impact fees, capital recovery fees and inspection fees associated with the project