Incentives
Additional Information
ECONOMIC PROFILE - Groesbeck, Texas
Population - Labor - Transportation - Utilities - Taxes
POPULATION
|
1970 |
1980 |
1990 |
1998 |
2001 |
| City of Groesbeck |
2,396 |
3,373 |
3,185 |
3,390 |
4,291 |
| Limestone County |
18,100 |
20,224 |
20,946 |
21,527 |
22,051 |
| Within 50 miles |
______ |
______ |
______ |
329,427 |
| Within 100 miles |
______ |
______ |
______ |
4,560,674 |
LABOR
| TOTAL CIVILIAN LABOR FORCE |
|
| Limestone County |
9,613 |
| Within 50 mile radius of Groesbeck |
158,592 |
| Within 100 mile radius of Groesbeck |
2,310,569 |
| Unemployment - as of May, 1999 |
4.3% |
TAX RATE (per $100 Assessed Value)
| Limestone County |
$0.5460 |
| Groesbeck, City |
0.6365 |
| Groesbeck ISD |
1.50 |
| Special Districts: |
- |
| South Limestone Hospital |
0.1826 |
| TOTAL |
$2.62410 |
| Municipal sales tax: |
1% |
| State Sales tax: |
6.25% |
| Eco. Dev. sales tax: |
.5% |
LOCATION
| CITY |
DISTANCE |
| Atlanta |
880 miles |
| Chicago |
1,0005 miles |
| Dallas |
100 miles |
| Denver |
815 miles |
| Houston |
130 miles |
| Kansas City |
920 miles |
| Los Angeles |
1,410 miles |
| Memphis |
545 miles |
| Miami |
1,340 miles |
| New Orleans |
565 miles |
| New York City |
1,645 miles |
| St. Louis |
715 miles |
Back to Top
INCENTIVES - Groesbeck, Texas
- Streamlined Local Permitting
- No Personal Income Tax
- No State Ad Valorem Tax
- Financial Assistance
- Local Economic Development Sales Tax Fund
- Texas Capital Fund
- Texas Leverage Fund
- Industrial Revenue bonds
- Texas Agriculture Finance Authority
- Rural Economic Development Fund
- Texas Capital Fund Real Estate Development Program
- SBA 504 and 7 (A) Programs
- Economic Development Administration Program
- CTEDD Revolving Loan Program
- SBA Low-Doc Loan Program
- Cash Grants
Customized Job Training and Hiring Program
- Industrial Start-Up and Expansion
- Employment Testing
- Pre-employment Screening
- Basic Education and Skills Enhancement
- Training Funds
- Skills Development Funds
- Smart Jobs Fund
- Job Training Partnership Act
Back to Top
ADDITIONAL INFORMATION - Groesbeck, Texas
Members of EDC Board - Officers
- Jackie Levingston, President
- Mike Thompson, Vice-President
Board Members
- Jim Bohls
- Frank Smith
- Jim Longbotham
- Mike Sutton
- Mike McLelland
- Sharon Barnes, Executive Director
For more information contact:
Sharon Barnes, Executive Director
Groesbeck Economic Development Corporation
401 W. Navasota St.
Groesbeck, Texas 76642
Phone #254-729-5375 Fax #254-729-8155
Email: srbarnes@glade.net
Back to Top
HOME
SITEMAP
WHO WE ARE
WHERE WE ARE
WHAT WE OFFER
SERVICES
SUPPORT
AREA CHURCHES
BUSINESS LISTINGS
