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
  • 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