Economic Incentive Guidelines

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The following guidelines were adopted by the Amarillo City Council on August 20, 2019 to assist with evaluating economic development incentive requests.  The first document is specifically related to tax abatement procedures required by state law.  The second document is a more comprehensive guide with additional criteria on how applications are considered.  There is also additional information on other tools available to encourage development in Amarillo.  

Adopted Guidelines and Criteria for Tax Abatement within Reinvestment Zones for the City of Amarillo

Adopted Comprehensive Guidelines and Criteria for Economic Development Incentives for the City of Amarillo

The following guidelines were adopted by our partners at the Amarillo Economic Development Corporation on August 20, 2019.  Please visit their website, www.amarilloedc.com, for more information.  Their document also includes other tools available at the local, state, and federal level.

Amarillo Economic Development Corporation Comprehensive Guidelines and Criteria for Economic Development Incentives