Economic Recovery Dashboard
In March 2020, the COVID-19 pandemic changed the trajectory of global, federal, state and local economies. This dashboard serves as an interactive source of data to assist with decision-making and program planning. It also serves as a resource to help the public understand a variety of metrics that explain the state of the local economy and programs available to assist individuals and businesses.
Travis County, under the authority issued under Chapter 381 of the Local Government Code, has the ability to provide incentives encouraging developers to build in their jurisdictions. A county may administer and develop a program to make loans and grants of public money to promote state or local economic development and to stimulate, encouraging businesses to locate in Travis County. The county may also develop and administer a program for entering into a tax abatement or rebate agreement. This tool allows counties to negotiate directly with developers and businesses.
As a result of this authority, Travis County developed the Chapter 28, Travis County Economic Development Program, to incentivize and encourage economic development in the county.
Of note, Travis County is temporarily not accepting applications for economic incentives while staff draft updates to the policy which will be linked to the strategies outlined in the County’s new Comprehensive Economic Development Strategy. For more information about the program, visit the County’s Economic Development page.
Current Rebate/Abatement Summary Data
As of Fiscal Year: 2020
To date, Travis County has entered into 9 Economic Incentive Agreements, of which 2 are completed and 7 are active. This summary data provides a snapshot of the total active agreements through the latest fiscal year.
Total Active Agreements
Total active agreements though current reporting period.
Total Amount Rebated
Total amount abated/rebated to date for active agreements.
Total Jobs Created to Date
Total number of jobs created by companies with active agreements to date.
Total Capital Investments To Date
Total capital investment made by companies with active agreements to date.
The data outlined in the chart below demonstrates the total tax rebates or abatements, as well as the total number of active agreements by year for the last five completed fiscal years.
Last Five Years - Total Rebates/Abatements
Abatement and Rebate Agreements Overview
As of Fiscal Year: 2020
The table below provides more detail about each of the agreements. As you view the data below and the Agreements themselves, please be mindful of these key terms.
Travis County Economic Development staff monitor performance annually.The graphic below outlines the schedule for tracking performance.
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