Incentives
Property Tax Exemption
Geary County and Junction City offer new and
expanding industries property tax exemption for up to
10 years on a declining scale. The property tax abatement
is applicable to any portion of the appraised value
of all buildings, or added improvements, together with
land on which such buildings are located, and all associated
tangible personal property used exclusively by the business
for the purpose of manufacturing articles of commerce;
conducting research and development; storing goods or
commodities which are sold or traded in interstate commerce.
Download City
Application (45KB PDF) or County
Application (45KB PDF).
Industrial Revenue Bonds
Geary County local governments have been
aggressive in issuing the bonds to qualified manufacturers
and have pursued a policy of exempting companies from
ad valorem (property) taxes for 10 years. The bonds
provide lower interest rate financing and often longer
term financing than conventional sources of funds. The
bonds can be utilized for 100% financing for land, building
and fixed equipment. The cost of building materials
and equipment permanently installed is sales tax exempt.
Contact
us for more information.
Junction City - Geary County,
Kansas Enterprise Zone
Provides for income tax credits and sales
tax exemptions, to businesses throughout the County.
Business can receive incentives up to $2500 per each
new job created and $1000 per $100,000 investment. We
partner with the Kansas Department of Commerce &
Housing on this incentive, and we are an enhanced enterprise
zone.
Download Instructions (290KB PDF) or Forms (175KB PDF).
Contact
us for more information.
Revolving Loan Fund
Junction City has available revolving
loan funds that can help your project come together.
Please contact our Economic Development Staff for further
information.
Download Forms (488KB PDF).
Contact
us for more information.
NRP Tax Rebate Program
The City of Junction
City offers new and expanding businesses that locate
in preapproved areas of Junction City a tax rebate up
to 95% for up to 10 years. The property tax rebate is
applicable to any portion of the appraised value of
added improvements.
Contact
us for more information.
Download Application (163KB PDF).
Tailored Incentives
Junction City and Geary County also offers
tailored incentives to your companies needs. We are
available to discuss you company’s needs on a
one-to-one basis.
Contact
us for more information. |
