Our Guest Book Home have visited this page since January 7, 1999. Industrial Tax Abatement Policy - The City of Lockhart will offer tax abatement to businesses which create jobs in Lockhart. Tax abatement is generally reserved for manufacturing businesses which meet the criteria below. This is a negotiated contract between the company and the City of Lockhart. The maximum term under State law is ten years and the City of Lockhart reserves the right not to offer tax abatement.
Tax abatement is available on improvements in which the following conditions are met.
The City offers to qualified companies the potential to receive discounts on building permit fees, tap fees and inspection fees depending on the number of jobs created. Skills Development Fund Provides grants for customized training programs for newly created jobs and for job retention. Grants are made through Texas community colleges and technical colleges in partnership with an employer or group of employers. Grants will pay for a provider and for instructional materials. Colleges - Within 30 miles there are 6 institutes of higher education including the University of Texas at Austin, Southwest Texas State University, and Austin Community College.