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Hewitt provides a number of economic incentives to attract business and industry to the city. For more information on these incentives, please read the brief descriptions below or read our Policy on Economic Development Incentives.
Tax Abatements
Tax abatements are available for businesses that are willing to invest in improving property in the city. This benefit provides a tax abatement for up to 80% of the increased value of the property for as long as ten years.
Economic Development Grants
The City of Hewitt offers Economic Development Grants to businesses based on their retail sales inside the city. This grant can be as high as $168,750 per year for up to ten years.
Fee Waivers
Companies that invest in improving property inside the city can qualify for the waiver of Building Permits Fees, Water Tap Fees, and Sewer Tap Fees. |