We work together to encourage new business to locate in our area and to promote expansions of our existing industries. Enterprise Zone Benefits are available at an enhanced, higher level in Abilene than in many other Kansas cities and counties. Ten-year carry over provisions allow maximum benefit. Property Tax Abatement may be obtained for new and expanding industries. The amount of abatement is determined by the number of new jobs created and amount of new investment in facilities, to a maximum 100 percent abatement.
Abatement decreases by ten percent annually over a ten-year period.
Abatement may be applicable to both real and personal property. Industrial Sites ranging in size from one to 50 acres and fully served with municipal utilities are available. Most sites are within one mile of Interstate 70, and several feature rail service. Industrial Revenue Bonds issued by the City of Abilene may be used for 100 percent financing of land, buildings, equipment and construction. Building materials are exempt from sales taxes.