Home to many growing manufacturing and distribution businesses that serve customers in locations all over the world, Republic County can meet and exceed your business needs with incentives for expansion and relocation. The hard working citizens of Republic County represent the integrity, character, and resiliency that Republic County has to offer your business. With the history of work ethics instilled in our citizens your ability to increase productivity would be likely.

ENTERPRISE ZONES
Businesses locating or expanding to Republic County are eligible for various incentives based on the type of company and the net number of new jobs created by the project. A sales tax exemption on the purchase of materials and services associated with the expansion and construction of a business facility is available.

$1,500 Job Creation Tax Credit for each net new job created.
$1,000 - $100,00 Investment Tax Credit.

Credits are limited each year to 50% of the business' corporate tax liability and unused credits may be carried forward. Enhanced and additional benefits may be available depending on the location of the business, size of business, and/or type of business.

PROPERTY TAX ABATEMENT
Property tax abatements may be obtained for new and expanding industries. Abatements are granted at the discretion of Republic County Commissioners. Abatements are based on where and when the expansion/relocation will occur. Cost Benefit Analysis and Feasibility Study's are recommended.

REPUBLIC COUNTY REVOLVING LOAN FUND
Loan funds, administered by a loan committee, approved by the Republic County Commissioners are available for new and existing businesses in Republic County. Funds are available year around. The maximum interest rate is 3.5% below the national prime interest rate, with a minimum interest rate of 4%. Businesses must remain in Republic County, Kansas.

Industrial PARK, BELLEVILLE
The Belleville Industrial Park is home to 9 building sites of which 4 sites have been built upon.  Direct access from Northbound Highway 81 Expressway into this industrial park is a benefit to customers and trucking firms with the desire to haul materials to and from a business.  Please see Republic County Economic Development Director for more information about the Industrial Park.

STATE AND FEDERAL GRANTS
Funds may be available to new and expanding industries which create jobs, through Kansas Community Development Block Grants (KCDBG), Economic Development Administration (EDA), Farmers Home Administration (FHA), or other venture capital sources.

INDUSTRIAL REVENUE BONDS
Republic County may issue bonds at their discretion for up to 100% financing of land, buildings, equipment and construction.

ADDITIONAL INCENTIVES
Other incentives that are available throughout the county include programs through the KANSAS DEPARTMENT OF COMMERCE AND HOUSING , USDA Rural Development, venture capital companies (state and private).

ONE CENT PER KILOWATT REDUCTION ON UTILITY BILL, BELLEVILLE
For one (1) year a commercial business may receive a one (.01) cent per kilowatt reduction from its current commercial rate. Eligible if reoccupation of existing business building, construction of a new business building, or expansion of existing building occurs.

 

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