Business Incentives

There are a number of financial incentives available within our city such as the qualified Opportunity Zone, Port Tax Credit Bonus, New Quality Jobs Tax Credit, and various Downtown Development Programs. Other local incentives such as utility location/upgrades, permit fees, or other costs generally paid by the business are determined on a case by case basis depending on the number of jobs created, the average wage and gross annual payroll generated, the capital investment that will be made for long-term growth, and the amount of new and recurring taxes that will be generated. We also work closely with the Walton County Development Authority to offer property tax incentives through Industrial Revenue Bonds.