Incentives

Local Incentives

Tax Phase-In

Consideration of up to a ten (10) year phase-in of real and personal property taxes is available.

Tax Increment Financing

TIF will also be considered.

For additional information about local incentives and application processes, please contact Lincolnland Economic Development at 812-649-2119.
Other Local Advantages
  • Low unemployment insurance rates.
  • Low worker’s compensation insurance premium rates.
  • Competative local utility rates.
  • Modest property taxes.
  • Competitive land pricing.
  • No wheel tax.
  • No inventory tax.

State Incentives

Employee Training Grants

Being implemented in Spencer County by WorkOne.

For Indiana State incentives, feel free to contact Indiana Economic Development Corporation at (800) 463-8081 or by email at iedc@iedc.in.gov.
Additional Information
For additional information regarding further incentives and their application please visit Ball State University Economic Development Toolbox.
Taxing District
2020
District Rate
(For comparison only)
2019
District Rate
001  Carter Township 1.3954 1.4384
002  Dale Town 1.9605 2.0941
003  Santa Claus Town-Carter Township 1.8054 1.8154
004  Clay Township 1.3544 1.3780
005  Santa Claus Town – Clay Township 1.7996 1.8087
006  Grass Township 1.3685 1.2720
007  Chrisney Town 2.0761 2.0779
008  Hammond Township – North 1.5210 1.5435
009  Hammond Township – South 1.4773 1.5134
010  Grandview Town 2.2913 2.3937
011  Harrison Township 1.3373 1.3618
012  Santa Claus Town – Harrison Township 1.8161 1.8250
013  Huff Township 1.3308 1.3544
014  Jackson Township 1.4106 1.4331
015  Gentryville Town 2.3113 2.3282
016  Luce Township 1.6576 1.6806
017  Ohio Township 1.4440 1.4845
018  Rockport City 2.9817 3.0598
019  Richland Town 2.9505 2.9106

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Copyright by LEDC. All rights reserved.