Incentives

Here in Parsons and Labette County we know that there are no two exactly alike projects. That is why we have a custom crafted incentive package created on a unique basis for your specific project taking into account your specific needs, size, location, development strategy and end goals. Below are just a few of the incentive tools we use to make sure your package is perfect for your company.

Custom Built for Your Needs

Labette County and the city of Parsons also have several smaller tools to provide incentives, including:

  • Expansion and retention funding

  • USDA backed Gap financing

  • Incentives for commercial lease and/or new buildings

Additionally, signage and other incidental costs can be curbed with our custom approach to the industrial and commercial economic development incentives provided through the economic development office.

For more information call Jim Zaleski at 620-421-7030 to arrange for your personal and unique incentive package to be built just for your company.

Incentives
Local
Local

Industrial Revenue Bonds
Local

Specific incentives through industrial revenue bonds include no sales tax on materials during construction and ten-year property tax abatement for the entire property, additional incentives with

Specific incentives through industrial revenue bonds include no sales tax on materials during construction and ten-year property tax abatement for the entire property, additional incentives with this package could be additional cash funding for attorney fees or other fees associated with the industrial revenue bonds.

Neighborhood Revitalization
Local

Residential, Commercial or Industrial projects receive ten years of property tax abatement in what is defined as the center city section.

Residential, Commercial or Industrial projects receive ten years of property tax abatement in what is defined as the center city section.

Community Improvement Districts (CID)
Local

CID or Community Improvement Districts allow for project-specific funding to be created through an additional sales tax on the commercial property.

CID or Community Improvement Districts allow for project-specific funding to be created through an additional sales tax on the commercial property.

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