Business & New Development Incentives
- Tax Incentives
- Job Creation Grant
- Sales Tax Rebate for Data Centers
- The Sales Tax Rebate for Data Centers provides qualifying data centers a rebate up to one-half of the One Percent (1%) Sales and Use Tax on the purchase of certain tangible personal property that is necessary and essential to the operations of a qualified data center as described in House Bill No. 1223.
- Triple Freeport Exemption
- The City of Carrollton offers Triple Freeport Exemption from all local taxing authorities, City, County and School Districts. The exemption applies to inventory that is brought into Carrollton from outside Texas and then reshipped out of state within 175 days is exempt from inventory tax. Carrollton also has special taxing districts such as Valwood Industrial Park.
- Public/ Private Agreement Program for Transit-Oriented Development
- Tax Increment Reinvestment Zone (TIRZ-Downtown Carrollton)
- Billboard Removal Grant
- The Billboard Removal Grant Program offers a rebate of the ad valorem taxes for a period not to exceed five (5) years on the property upon which the billboard is located equal to up to 100% of the total billboard lease value, not to exceed a total incentive of $150,000. Additionally, demolition permits related to removal of the billboard will be waived and a grant not to exceed $35,000 for the cost of the actual billboard removal and demolition.
Retail Redevelopment/Rehab Incentives
- Specialty Retail & Restaurant Incentive Policy
- Retail Redevelopment Incentives
- Performance-Based Matching Grant
- Back-fill Incentive Program for Vacant Grocery Store Anchors
- Specialty Retailer Incentive Program for Vacant Grocery Store Anchors
- Josey/Belt Line Property Rehab Grant Program
Residential Incentives-Neighborhood IMPACT
Neighborhood IMPACT (Neighborhood Improvement in Action) has been designed as a one-stop shop concept for all things related to neighborhood integrity. Please click here to view information on the City's neighborhood incentives, such as the home repair program, sidewalk repair program, single family demolition and rehab program, and the neighborhood enhancement Matching Grant Program.
Active Economic Development Agreements
Please visit the Office of Economic Development's Transparency Page to view data on currently active incentive agreements, including downloadable spreadsheets, resolutions authorizing such agreements, and the incentive agreements themselves.
The City of Carrollton's boundaries lie primarily within Dallas County, but the northern portions of the City fall in both Denton and Collin Counties. For information related to incentives available through a specific County, please click on the County name below.
State of Texas Incentives
The State of Texas has worked hard to develop and sustain a business-friendly operating environment. State and local government provides tax incentives, financing assistance, workforce training programs, and an array of services to help companies establish or expand in Texas.
To find out more about the various State programs available, please visit the State’s website at texaswideopenforbusiness.com or click here.
You may also download the Texas Business Incentives and Programs Overview here.
Two of the State’s more well-known programs are the Texas Enterprise Fund and the Texas Enterprise Zone Program.
Texas Enterprise Fund
The Texas Enterprise Fund was established in 2003 to help attract new jobs and investment to the state. The fund was reappropriated by the Legislature in 2005, 2007, 2009, and 2011. As the largest "deal-closing" fund of its kind in the nation, the TEF continues to attract businesses to Texas. The fund is used only as a final incentive tool where a single Texas site is competing with another viable out-of-state option. Additionally, the TEF will only be considered to help close a deal that already has significant local support behind it from a prospective Texas community. Additional information regarding the Enterprise Fund Program can be found here.
Texas Enterprise Zone Program
The Texas Enterprise Zone Program is an economic development tool for local communities to partner with the State of Texas to promote job creation and capital investment in economically distressed areas of the state. The Program is administered through the Texas Comptroller’s Office. Additional information regarding the Enterprise Zone Program can be found here.
A direct link to the Enterprise Zone Program Guidelines can be found here.