Tarrant County works in partnership with local municipalities and other taxing authorities to offer tax abatements as part of an overall publicly supported incentive program.  The program is designed to create job opportunities that bring new economic advantages or strengthen the current economic base of our community.  As prescribed in Chapter 312 of the Texas Tax Code, the Commissioners Court of Tarrant County considers each request for tax abatement on a case by case basis, in accordance with the County’s Tax Abatement Policy.  The offer of incentives is tied to an analysis of the economic impact of the project on the community, including the amount of investment in real and personal property; the number, types and salaries of new and retained jobs; the provision of health and other benefits by the company; and other project specific factors.

In addition to tax abatement, Tarrant County also participates with the local municipalities in Tax Increment Financing; the nomination of projects as Enterprise Projects; Foreign Trade Zone designation for applicable companies; assistance with roadway or site access improvements; and the recently established PACE Program for the County.  Additional information on these programs can be found on the Tarrant County Economic Development webpage.

Tarrant County entered into three Tax Abatement agreements in 2018.  These three projects are expected to provide total new capital investment of at least $177.7 million and provide for the addition of 384 new jobs to Tarrant County, as well as the retention of 83 existing jobs.   Once construction is complete, combined first year County and Hospital District taxes abated for the three companies is estimated at $156,603.

Below are visual aids that show the number of new and active tax abatements for Tax Years 2014-2018 and the total property taxes abated for Tax Years 2014-2018.

Other Helpful Tools

GASB Guidance Document - Statement 77 Regarding Tax Abatement Disclosures

Tax Abatement Summary 2018 (Excel)

Tax Abatement Summary 2018 (PDF)