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SUBJECT: TAX INCENTIVE POLICY 34.00 <br /> PAGE 2 OF 3 <br /> 5) Growth projections in the community must be verifiable through either the County <br /> Assessor or County Auditor's Office. <br /> 6) Amount of exemption will be according to the following schedule adopted <br /> by the County Commission on December 18, 2006: <br /> Ad Valorem Tax Value and/or Gross Payroll Recommended <br /> Abatement Schedule <br /> Applicant Category A <br /> $750,000 to $2,999,999 $175,000 to Year 1: 100% <br /> $1,199,999 Year 2: 90% <br /> Year 3: 90% <br /> Year 4: 90% <br /> Year 5: 90% <br /> Applicant Category B <br /> $3,000,000 to $9,999,999 $1,200,000 to Year 1: 100% <br /> $2,999,999 Year 2: 90% <br /> Year 3: 90% <br /> Year 4: 90% <br /> Year 5: 90% <br /> Year 6: 70% <br /> Year 7: 50% <br /> Applicant Category C <br /> $10,000,000 to $24,999,999 $3,000,000 to Year 1: 100% <br /> $4,499,999 Year 2: 90% <br /> Year 3: 90% <br /> Year 4: 90% <br /> Year 5: 90% <br /> Year 6: 70% <br /> Year 7: 60% <br /> Year 8: 50% <br /> Year 9: 40% <br /> Year 10: 30% <br />